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Bitcoin BTC

crypto

Price History

$217.46$38,731$77,245$115,758
2014-09 · DCA start$386.94

Time underwater

How far below its previous all-time high the price sat, each month. 0% means a new high.

-75.6%-50.4%-25.2%0.0%
2014-092026-08 · -45.2%

Worst drawdown: −76%, peaking Dec 2017 and bottoming Jan 2019 — 35 months below the prior high before recovering.

DCA Backtest

Invested
$14,400
Value today
$572,539
Return
+3876.0%
Months invested
144

Scenarios

Inflation — the same contributions merely keeping pace with CPI would be $17,704 today, so the real (inflation-adjusted) return is +3134.0%.

Lump sum instead — $14,400 all at once in Sep 2014: $2,359,502 (+16285.4%) — lump sum came out ahead.

Worst timing — same monthly amount started at the all-time high (Jul 2025): $1,116 on $1,400 invested (-20.3%).

Backtests use monthly closing prices. Stock dividends aren’t reinvested, so long-run equity returns are understated.

If this saved you a spreadsheet — buy me a coffee.

Every start month at once

Each cell is the return-to-date of £/$/€100-a-month DCA started that month. Click a cell to load it in the backtest above. The ringed cell is the all-time-high start — the worst timing scenario.

JFMAMJJASOND
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
Legend:−50%−20%0%+50%+200%+1000%worst timing (ATH)Selected 2014-09: +3876.0%

About Bitcoin

Bitcoin is the world's first decentralized cryptocurrency, created in 2009 by the pseudonymous Satoshi Nakamoto. It enables peer-to-peer electronic cash transactions without intermediaries like banks or governments, operating on a blockchain secured by Proof of Work mining and the SHA-256 cryptographic algorithm. (CoinGecko)

It's a cryptocurrency categorised under layer 1, with a market cap of about $1.57T.

It rates Medium-Low Risk at 1.9/5, meaning the rated factors are mostly sound, with one or two areas worth watching.

What pushes the score up: market / volatility (3.0/5).

Scoring well: regulatory at 1.0/5.

Not yet researched: governance / team, systemic / correlation. These are excluded from the score rather than guessed, so the real risk may be higher than what’s shown.

Ratings summarise sourced facts against fixed rules — not investment advice, and no substitute for your own diligence.

Risk Profile

Medium-Low Risk(1.9/5)87% rated

How these ratings work

Market / Volatility3.0/5 · weight 30%
  • Annualised volatility (3yr)2/546.3
  • Max drawdown from ATH4/575.6
  • Beta vs BTCn/a — this is the benchmark
Liquidity2.0/5 · weight 10%
  • 24h volume / market cap4/51.6
  • Top exchange % of volume1/59.0
  • Significant listings1/546.0
Supply & Concentration1.0/5 · weight 15%
  • Top 10 wallets % of supply1/56.0
  • Unlocks in next 6mo, % of supply1/50.00
  • Annual supply growth %1/50.80
Smart Contract / Technical1.7/5 · weight 12%
  • Audit status3/5unaudited long track record
  • Admin key / upgradeability1/5none immutable
  • Share of its mining algorithm (PoW)1/596.0
Custody / Bridge1.0/5 · weight 10%
  • Bridge reliance1/5no bridge dependency
Governance / Teamunrated · weight 10%
  • Teamnot yet researched
  • Largest staking operator, % of stakenot yet researched
Regulatory1.0/5 · weight 10%
  • Regulatory profile1/5organic no history
Systemic / Correlationunrated · weight 3%
  • Correlation to BTCn/a — this is the benchmark

Linked Assets

Same sector, or return-correlated — worth knowing what else might move if this one does.