2018-2022 Cycle (Low)

Bitcoin price from Dec 2018 bottom through Nov 2022 bottom

Property	Value
Category	Market Data
Unit	index
Resolution	1d
Assets	BTC
Tier	Basic
API Endpoint	GET /v1/cycle-performance?type=low
Field	cycle_3

Overview

2018-2022 Cycle (Low) tracks Bitcoin's price as an index starting from the cycle low on December 15, 2018 ($3,122).

Formula

$$\text{Index}(t) = \frac{\text{Price}(t)}{\text{Price}(\text{2018-12-15})}$$

Interpretation

• Starts at 1.0 on December 15, 2018
• Peaked at approximately 22x during November 2021
• Driven by institutional buyers and DeFi/NFT mania

Use Cases

• Modern cycle baseline: Most recent completed cycle
• Institutional era: First cycle with significant institutional participation

API Usage

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

Related Metrics

• 2011-2015 Cycle (Low) — Bitcoin price from Nov 2011 bottom through Jan 2015 bottom
• 2015-2018 Cycle (Low) — Bitcoin price from Jan 2015 bottom through Dec 2018 bottom
• 2022+ Cycle (Low) — Bitcoin price from Nov 2022 bottom — current ongoing cycle
• Cycle Performance (Low) — Price performance comparison from cycle lows