$BTC Bitcoin Ahr999 just dropped to 0.27.
Ahr999 is a bottom-fishing indicator created by Nine Gods:
(current price / 200-day DCA cost) × (current price / index growth valuation).
Below 0.45 is considered the “bottom line.”
Last times we saw 0.27:
Nov 22, 2022 — FTX collapse
Jun 18, 2022 — ETH crash, 3AC liquidation, Luna aftermath
Mar 16, 2020 — pandemic panic, “3/12 crash”
Three times. Each marked one of the darkest moments—and each was followed by a sharp rebound.
This doesn’t guarantee now is the exact bottom. History rhymes; it doesn’t repeat.
Why this drop?
Macro: broad risk-off—metals whipsawed, yen carry trades unwinding.
Crypto-specific: ETF outflows, Strategy’s Q4 book loss, possible forced liquidations, leverage getting flushed.
Ahr999 won’t call the precise bottom. It simply says: by valuation, Bitcoin is as cheap as it was at past bottoms.
The real question: how much volatility can you withstand?
#Bitcoin #Ahr999 #CryptoMarket #OnChainData #MarketCycles
