I just saw that BTC is now at $77.76K, and that made me remember an interesting signal that happened in February. The indicator ahr999, which people use to identify when Bitcoin is really cheap, dropped below 0.45 for the first time since October 2023 — it was 839 days waiting for this.

For those who don’t know, the ahr999 works like this: it compares the current BTC price with the average cost of the last 200 days of fixed purchase (like that DCA everyone does) and also takes into account an exponential growth curve based on the history. When it drops below 0.45, it’s kind of the market shouting that Bitcoin is in an interesting accumulation zone.

The cool thing is that this kind of signal doesn’t appear every day. The fact that it took almost 3 years for ahr999 to return to this level of cheap buying shows how much the market has evolved since then. Many people use the ahr999 as a guide when thinking about increasing their position, and these moments are really rare.