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Bitcoin Ahr999 Indicator Drops Below Bottom-Fishing Line to 0.27, Similar to the FTX and "316" Crash Events Summary Bitcoin Ahr999 Indicator Falls to 0.27, Significantly Below the "Bottom-Fishing Line" of 0.45, Indicating a Market Bottom-Fishing Opportunity. This indicator was created by ahr999 to help long-term holders and dollar-cost averaging users determine the right time to buy. PANews reported on February 6 that data from Coinglass shows the Bitcoin Ahr999 indicator dropped to 0.27, well below the "bottom-fishing line" of 0.45. The last time this index fell to this level was on June 18 and November 22, 2022, as well as March 16, 2020, during which the market experienced the "ETH crash liquidation," "FTX collapse," and "316 crash" events respectively. The Bitcoin Ahr999 indicator (also called ahr999 bottom-fishing indicator) was created by ahr999 (Nine Gods) to mainly assist long-term holders (HODLers) and dollar-cost averaging users in judging the right buying opportunity. Ahr999 = (Current Bitcoin Price / 200-Day DCA Cost) × (Current Bitcoin Price / Estimated Growth Valuation).