#Bitcoin Ahr999 Index broke the Buy Layer range (0.45) after ~115 days below that level.
Historically, when the indicator falls below 0.45 major #BTC bottoms have formed.
Now the price is correcting in short term and the indicator is initially testing the Buy Layer 🔴 range as support.
During previous bear market in 2022, after successfully testing this region as support, the price advanced and resumed its bullish trend.
#BTC Price Analysis# #Macro Insights# #OnChainAnalysis $BTC