This chart combines two key pieces of information: the price of Bitcoin over time and the percentage drawdown from the most recent all-time high (ATH). It visually helps analyze the relationship between Bitcoin’s price movements and how far it has fallen from its highest recorded value. Here’s an explanation of the chart components:

1. Bitcoin Price (Line Series – White Color)

The white line represents the price of Bitcoin over time in USD. As the line progresses, it shows how Bitcoin’s value fluctuates during each period, giving a clear view of its price performance. Observing the line gives insight into the growth or decline of Bitcoin’s market price.

• What You See: The white line follows Bitcoin’s price in dollars, indicating its fluctuations over time.
• Important Insight: Spikes and drops in the Bitcoin price can be connected to market events or sentiment shifts, and this line gives an overall sense of how the asset is valued in the market.

2. Drawdown from Last ATH (Column Series – Red)

The column series, represented by red columns, shows the percentage change from the most recent ATH (All-Time High) of Bitcoin. This measures how much Bitcoin’s price has dropped (drawdown) since its highest peak.

• Negative Values (Red): When the price is below the ATH, the columns turn red, representing the percentage of decline from the highest price.