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Cycle Performance (ATH)

Price performance comparison from cycle ATHs

PropertyValue
CategoryMarket Data
Unitindex
Resolution1d
AssetsBTC
TierBasic
API EndpointGET /v1/cycle-performance
Fieldcycles

Overview

Cycle Performance (ATH) compares Bitcoin's price trajectory across historical market cycles, aligned by each cycle's all-time high. Each cycle starts at an index value of 1.0 and shows how price behaves after reaching a peak — the drawdown, bottoming, and eventual recovery to new highs.

Cycle Dates

CycleATH DateATH PriceLabel
12011-06-11$35.882011-2013
22013-11-30$1,156.142013-2017
32017-12-17$20,0892017-2021
42021-11-10$68,7902021-2025
52025-10-06$126,1982025+ (current)

Formula

Index(t)=Price(t)Price(cycle ATH)\text{Index}(t) = \frac{\text{Price}(t)}{\text{Price}(\text{cycle ATH})}

A value of 1.0 means price equals the cycle ATH. Values below 1.0 represent a drawdown from the peak.

Interpretation

  • All cycles start at 1.0 on the day of the ATH
  • Values below 1.0 indicate how far price has fallen from the peak (e.g., 0.25 = 75% drawdown)
  • When a cycle's line crosses back above 1.0, it means the previous ATH has been surpassed
  • The time from ATH to crossing 1.0 in the next cycle reveals the length of bear markets
  • Historical bear markets saw drawdowns to 0.15–0.25 (75–85% from ATH)

Use Cases

  • Bear market depth: How deep are drawdowns compared to prior cycles?
  • Recovery timing: How long does it take to reclaim the previous ATH?
  • Drawdown comparison: Is the current cycle's drawdown typical or unusually deep/shallow?
  • New ATH anticipation: Historical patterns suggest when a new ATH cycle may begin

API Usage

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