2026-06-30
Current cycle (from the latest ATH): 46.89%.
Bitcoin price in the same daily row: $58,525.08. This is a descriptive reference point in this dataset; it does not establish a market top, bottom or future return.
BTC: Price Performance Since Cycle ATH
Bitcoin BTC
Each Bitcoin cycle measured from its all-time high, with the peaks lined up.
Latest daily observationClosed day
- Current cycle (from the latest ATH)
- 64.12%
- 2021 Cycle (from 2021-11-08 ATH)
- 24.33%
- 2017-2021 Cycle (from 2017-12-16 ATH)
- 19.49%
- 2013-2017 Cycle (from 2013-12-04 ATH)
- 29.61%
- 2011-2013 Cycle (from 2011-06-08 ATH)
- 22.16%
- Days since cycle ATH
- 384 days
- Bitcoin price
- $80,038.91
Observation: UTC. Dataset updated: .
Updated daily, normally at 08:30 Europe/Madrid. Daily resolution.
Data cross-checked. Computed from the validated daily BTC close (each cycle's close divided by its close on the cycle's all-time high). BTC price: cross-checked against Bitstamp daily BTC/USD close (independent exchange) (median difference 0.14% over 5,548 days (2011-08-18 to 2026-10-25); 95% of days within 1.78%). Checked 2026-10-26. Data status
Recent daily values
The last seven closed UTC days. These values remain daily when you change the chart range.
| Date (UTC) | Current cycle (from the latest ATH) | 2021 Cycle (from 2021-11-08 ATH) | 2017-2021 Cycle (from 2017-12-16 ATH) | 2013-2017 Cycle (from 2013-12-04 ATH) | 2011-2013 Cycle (from 2011-06-08 ATH) | Days since cycle ATH | Bitcoin price |
|---|---|---|---|---|---|---|---|
| 2026-10-25 | 64.12% | 24.33% | 19.49% | 29.61% | 22.16% | 384 days | $80,038.91 |
| 2026-10-24 | 64.65% | 24.35% | 19.27% | 29.24% | 21.76% | 383 days | $80,699.31 |
| 2026-10-23 | 64.83% | 24.46% | 19.85% | 28.28% | 21.88% | 382 days | $80,924.18 |
| 2026-10-22 | 65.10% | 24.55% | 19.39% | 29.08% | 22.21% | 381 days | $81,257.02 |
| 2026-10-21 | 67.44% | 24.54% | 18.77% | 28.04% | 22.61% | 380 days | $84,176.08 |
| 2026-10-20 | 66.41% | 23.95% | 19.48% | 27.62% | 22.98% | 379 days | $82,898.91 |
| 2026-10-19 | 65.63% | 23.36% | 19.47% | 28.22% | 23.06% | 378 days | $81,918.20 |
Formula
Cycle performance on day k = close k days after the cycle ATH / close on the cycle ATH. A cycle ATH is an all-time-high close followed by a fall of at least 75% before the next all-time high; the latest all-time high opens the current cycle. Each older cycle runs up to and including the next cycle ATH and is shifted so that its day 0 falls on the current cycle ATH.
How to read it
Each line follows one Bitcoin cycle from the close of its all-time high, as a share of that close: 100% is the peak itself, 50% means price has halved since. The older cycles are slid forward in time so that every peak lands on 6 October 2025, the latest all-time high, and the dates on the time axis belong to the current cycle. Reading straight down from any date compares the cycles the same number of days after their tops.
A peak counts as a cycle top when price fell at least 75% from it before setting a new high; four have done so, in June 2011, December 2013, December 2017 and November 2021. Their deepest closes came 163, 406, 364 and 366 days after the top, at about 7%, 15%, 16% and 23% of it, so each bear market has been a little shallower than the one before. A year and a bit after the October 2025 top, the current cycle has held up better than any of them at the same point: its lowest close so far was about 47% of the peak, at the end of June 2026.
Each older trace stops on the day the next cycle top was set, so its last value is how many times higher that next peak was: about 39 times for 2011, 17 times for 2013, 3.4 times for 2017 and 1.8 times for 2021. With so few cycles, the chart sets the current one against its predecessors; it does not say where the bottom will be or when.
Limitations
- Built from one daily close per day (Coin Metrics Community Data). Glassnode builds its price from a volume-weighted average across exchanges, so the multiples can differ; recomputed from Bitstamp's daily closes on the same dates for the cycles since 2013, ours differ by a median 0.25% (95% of days within 2.5%). The 2013 peak is the least certain: exchanges quoted very different prices in late 2013, so that cycle's multiples depend more on the price source than the others.
- Tops are taken from daily closes, not intraday highs, so a peak date can differ by a day or two from charts that use intraday prices (the 2021 intraday high came on 10 November, two days after the highest close). The 2021 cycle fell about 77% on our closes, close to the 75% threshold that makes it a cycle.
- The current cycle's anchor moves on its own: if price closes above the October 2025 high, that new high becomes the start of the current cycle and the October 2025 trace is no longer shown.
- The time axis carries the current cycle's dates, so the older cycles, which all lasted longer, appear only for as many days as the current one has run.
- Four completed cycles are a small sample and past drawdowns set no floor for the next one.
Historical examples
Selected mechanically: the lowest and highest closed-day Current cycle (from the latest ATH) in the available history (2025-10-06 to 2026-10-25). These are observations, not forecasts or trading signals.
2025-10-06
Current cycle (from the latest ATH): 100.00%.
Bitcoin price in the same daily row: $124,824.45. This is a descriptive reference point in this dataset; it does not establish a market top, bottom or future return.
Download these closed daily observations (JSON)
Source: Computed by Black Almanak from the validated daily BTC close (each cycle's close divided by its close on the cycle's all-time high). Price source: Coin Metrics Community Data (CC BY-NC 4.0). One row per day since the current cycle's all-time high; older cycles are shifted so their highs fall on that day. Methodology and sources.