Bitcoin AHR999 Index (Live Chart)
Two value checks in one number: price against its 200-day cost average, times price against a coin-age fair value.
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AHR999 on the left axis with BTC price overlaid on the right (log). Below 0.45 is the bottom-fishing zone, 0.45 to 1.2 is the dollar-cost-averaging zone.
Drag across the chart to zoom into any span. Reset zoom to go back.
AHR999 uses a fixed coin-age power-law constant, like the rainbow chart, so it is a calibrated heuristic rather than a model. The zone thresholds were tuned on past cycles and may drift as Bitcoin matures.
The AHR999 index was built for dollar-cost-average buyers. It multiplies two ratios: price divided by the 200-day geometric mean price, which approximates the cost of steadily buying over the past two hundred days, and price divided by a fair value estimated from Bitcoin's age using a power-law fit.
The two thresholds split the range into actions. Below 0.45 has historically been a bottom-fishing zone where lump-sum buying paid off. Between 0.45 and 1.2 is the zone where regular dollar-cost averaging makes sense. Above 1.2 the index says price has run ahead of both its recent cost and its age-based fair value.
Because the age term uses a fixed fitted constant, treat AHR999 like the rainbow chart, a useful rough gauge rather than a precise signal. It has been most reliable at calling deep-value zones, less so at calling exact tops.
The charts are public. The read is the edge.
These indicators are free for everyone. Inside the community you get the daily desk note that ties them together, alerts when price enters a cycle window, and the Satoshi Clock running on your own charts.
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