📉 Bitcoin Drawdown from ATH

About this chart ×

At every point in time we track the running all-time high — the highest BTC daily close seen so far. The drawdown is (price − ATH) / ATH, expressed as a percentage. A value of 0% means we're at the ATH; -50% means price has halved from the last peak; -80% is deep-bear territory.

Reference lines at -20% (correction), -50% (bear market threshold), and -80% (capitulation zone) mark the rough thresholds traders watch.

The episode table below the chart groups history into discrete drawdown events: from each new ATH until BTC reclaims it. We show peak/bottom dates and prices, the maximum drawdown, days from peak to bottom, and days from peak to recovery. The current cycle's row is in-flight until BTC tags a new ATH.