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2011-2013 Cycle (ATH)

Bitcoin price from Jun 2011 ATH ($35.88) through 2013 ATH

PropertyValue
CategoryMarket Data
Unitindex
Resolution1d
AssetsBTC
TierBasic
API EndpointGET /v1/cycle-performance?type=ath
Fieldcycle_1

Overview

2011-2013 Cycle (ATH) tracks Bitcoin's price as an index starting from the all-time high on June 11, 2011 ($35.88). Values below 1.0 represent the drawdown from the peak, while crossing back above 1.0 marks the recovery to and surpassing of the previous ATH. This was the first complete ATH-to-ATH cycle in Bitcoin's history.

Formula

Index(t)=Price(t)Price(2011-06-11)\text{Index}(t) = \frac{\text{Price}(t)}{\text{Price}(\text{2011-06-11})}

Interpretation

  • Dropped to approximately 0.06, representing a 94% drawdown — the deepest bear market in Bitcoin history
  • The low was reached in November 2011, just 5 months after the ATH
  • Recovery took about 18 months to reclaim the previous ATH
  • Eventually reached 32x the starting ATH by late November 2013, demonstrating Bitcoin's ability to recover from extreme drawdowns

Use Cases

  • Drawdown analysis: The deepest bear market in BTC history (94%) provides context for all subsequent drawdowns
  • Recovery timing: Establishes the earliest reference point for how long ATH recovery takes
  • Historical context: First complete ATH-to-ATH cycle shows the most extreme version of the boom-bust pattern

API Usage

curl -H "Authorization: Bearer YOUR_API_KEY" \
"https://api.blocklens.co/v1/cycle-performance?type=ath?start_date=2024-01-01&end_date=2024-12-31&limit=365"