Thinking you’re too late? Nope. Not even close. In USD we haven’t even hit a new all-time-high…yet. Here’s the math, you don’t even need a degree in finance.

TLDR- Inflation adjusted ATH is really around $81,213

To assess Bitcoin’s all-time high (ATH) in inflation-adjusted terms, we can adjust its previous peak value by the cumulative inflation rate since that time.

Bitcoin’s Previous ATH: On November 10, 2021, Bitcoin reached an ATH of $69,000. 

U.S. Inflation Rates: According to the U.S. Bureau of Labor Statistics, the annual inflation rates were:

• 2021: 7.0% • 2022: 6.5% • 2023: 3.4%  

Cumulative Inflation Calculation: To determine the cumulative inflation from November 2021 to November 2024, we can use the formula for compound inflation.

To match the purchasing power of its November 2021 peak, Bitcoin would need to reach approximately $81,213 in November 2024.

Current Bitcoin Price: As of November 9, 2024, Bitcoin is trading at around $74,797.42. 

Comparison: The current price is about 7.9% below the inflation-adjusted ATH of $81,213, just past the highly anticipated milestone of 80,085.