AHR999 Indicator

How to read the AHR999 Indicator

AHR999 was designed by a Chinese Bitcoin investor specifically to help dollar-cost averaging (DCA) buyers decide when to increase or reduce their regular purchases. It combines two ratios:

Ratio 1: Current price ÷ 200-day geometric mean price (how far above or below recent trend)
Ratio 2: Current price ÷ power law fair value (how far above or below the long-term logarithmic regression)

Multiplied together, the result is a number that captures both short-term momentum and long-term valuation in a single figure.

• Below 0.45 — Fire Sale — Bitcoin is deeply undervalued on both measures simultaneously. Every time this zone was reached historically, the following 12–24 months delivered some of the largest gains on record. This is considered an aggressive accumulation signal.
• 0.45 – 1.2 — DCA Zone — Bitcoin is fairly priced relative to its trend. The ideal environment to accumulate steadily on a regular schedule — no rush, no alarm.
• Above 1.2 — Overheated — Bitcoin is trading above its power law fair value. Consider slowing or pausing new purchases until the indicator cools back into the DCA zone.

The dashed lines mark the 0.45 and 1.2 thresholds so you can see how often past cycles entered each zone and how long they stayed there. Note that the AHR999 can remain in the DCA zone for extended periods during sideways markets — patience is the strategy.

Use alongside the Mayer Multiple and 200-Week MA for a more complete cycle picture.