Bitcoin drawdowns: every fall of 20% or more, and the recovery
Since 2017, Bitcoin has fallen 20% or more from a record daily close 10 times. The deepest was −83%, from 16 Dec 2017 to 15 Dec 2018. Of the 9 that have fully recovered, the median took 117 days from the old record to a new one.
Record daily close$124,6596 Oct 2025
At the 14 Nov 2026 close−49%from the record · 404 days since
BTC price · last close$64,15014 Nov 2026 close: $64,150
Falls of 20% or more109 recovered · 1 still open
Every episode
| Record close | Price | Low | Price | Depth | Days to the low | Days to a new record |
|---|---|---|---|---|---|---|
| 6 Oct 2025 | $124,659 | 30 Jun 2026 | $58,625 | −53% | 267 | not yet |
| 21 Jan 2025 | $106,144 | 8 Apr 2025 | $76,322 | −28% | 77 | 117 |
| 13 Mar 2024 | $73,072 | 6 Sep 2024 | $53,963 | −26% | 177 | 238 |
| 8 Nov 2021 | $67,526 | 21 Nov 2022 | $15,781 | −77% | 378 | 847 |
| 13 Apr 2021 | $63,575 | 20 Jul 2021 | $29,790 | −53% | 98 | 189 |
| 21 Feb 2021 | $57,409 | 28 Feb 2021 | $45,136 | −21% | 7 | 18 |
| 8 Jan 2021 | $40,583 | 27 Jan 2021 | $30,366 | −25% | 19 | 31 |
| 16 Dec 2017 | $19,103 | 15 Dec 2018 | $3,212 | −83% | 364 | 1,074 |
| 4 Nov 2017 | $7,357 | 12 Nov 2017 | $5,811 | −21% | 8 | 12 |
| 1 Sep 2017 | $4,835 | 14 Sep 2017 | $3,189 | −34% | 13 | 41 |
An episode starts at a record daily close and ends at the first close above it. Depth is measured at the lowest close in between. Daily closes, UTC, Binance spot.