2011-11-18
Price Drawdown from ATH: -92.75%.
Bitcoin price in the same daily row: $2.11. This is a descriptive reference point in this dataset; it does not establish a market top, bottom or future return.
Price Drawdown from ATH
How far the price sits below its highest close so far.
Latest daily observationClosed day
- Price Drawdown from ATH
- -34.36%
- All-Time High (close)
- $124,824.45
- Bitcoin price
- $81,935.17
Observation: UTC. Dataset updated: .
Updated daily, normally at 09:30 Europe/Madrid. Daily resolution.
Data cross-checked. Computed from the validated daily BTC close and its running all-time high. Price: cross-checked against Bitstamp daily BTC/USD close (independent exchange) (median difference 0.15% over 5,541 days (2011-08-18 to 2026-10-18); 95% of days within 1.78%). Checked 2026-10-19. Data status
Recent daily values
The last seven closed UTC days. These values remain daily when you change the chart range.
| Date (UTC) | Price Drawdown from ATH | All-Time High (close) | Bitcoin price |
|---|---|---|---|
| 2026-10-18 | -34.36% | $124,824.45 | $81,935.17 |
| 2026-10-17 | -34.89% | $124,824.45 | $81,268.94 |
| 2026-10-16 | -34.68% | $124,824.45 | $81,538.30 |
| 2026-10-15 | -34.21% | $124,824.45 | $82,116.23 |
| 2026-10-14 | -34.71% | $124,824.45 | $81,498.52 |
| 2026-10-13 | -33.39% | $124,824.45 | $83,141.42 |
| 2026-10-12 | -34.46% | $124,824.45 | $81,805.16 |
Formula
ATH = highest daily close from 2010-07-18 up to and including the day. Drawdown = close / ATH − 1, so 0% on a new high and −100% at a price of zero.
How to read it
Every day the chart compares the Bitcoin close with the highest close recorded up to that day. On a day that sets a new record the reading is 0%; otherwise it shows how much the price would have to fall from the peak to reach today's level. The record itself is drawn on the price axis as a staircase that only steps up.
Read across cycles, the troughs say how deep each bear market went: about 93% in late 2011, about 85% in January 2015, about 84% in December 2018 and about 77% in November 2022, each a little shallower than the one before. The dotted lines mark a loss of half and of four-fifths of the peak value.
A drawdown only looks backwards: it says how far price has fallen, not whether it will fall further or recover. Long stretches near 0% belong to bull markets that keep printing new highs.
Limitations
- Built from one daily close per day (Coin Metrics Community Data). Glassnode does not say whether its all-time high uses daily closes, hourly prices or intraday highs; an intraday high would sit above our close high and make every drawdown a little deeper, by a few percentage points right after a sharp peak.
- The all-time high is the record of our own price history, which starts on 2010-07-18; earlier trades are not included.
- The all-time high column is our own addition to show which peak each reading is measured from.
- Price-only and backward-looking: it describes how deep past declines went and says nothing about the next move.
Historical examples
Selected mechanically: the lowest and highest closed-day Price Drawdown from ATH in the available history (2010-07-18 to 2026-10-18). These are observations, not forecasts or trading signals.
2010-07-18
Price Drawdown from ATH: 0.00%.
Bitcoin price in the same daily row: $0.09. 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 and its running all-time high. Price source: Coin Metrics Community Data (CC BY-NC 4.0). Daily history since 2010-07-18. Methodology and sources.