BTCU
ETFDirexion Daily Bitcoin Bull 2X ETF
One email when a drop — in price or in valuation — is historically rare for BTCU. Otherwise we stay quiet.
Bigger than its usual dip. Not yet rare.
Direxion Daily Bitcoin Bull 2X ETF is 25.8% off its high — deeper than its 15.9% average pullback, but it has been through 4 drawdowns before. Not historically significant yet — we'll say so if that changes.
Elevated
Current Drawdown
-25.8%
Days in Drawdown
34
Avg Max Drawdown
15.9%
Avg Length
29
Drawdown Severity Score™
3.7
BTCU - Price & High Water Mark
BTCU - Drawdown Timeline
How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.
Direxion Daily Bitcoin Bull 2X ETF (BTCU) Analysis: Current Drawdown Insights
Direxion Daily Bitcoin Bull 2X ETF is currently in a drawdown that is unusual by its own historical standards. As of 2026-11-06, the fund is trading at $21.78, which represents a 25.8% decline from its all-time high of $29.34. This drawdown has persisted for 34 days.
BTCU by the numbers
- The last time BTCU fell this far was the decline that began in May 2026. It bottomed at 41% and took 3 months to get back to its high.
- Only 1 decline since 2026 went deeper than today's 26%.
- Since 2026, BTCU has had 2 declines of 10% or more, and only one of 20% or more.
- Its 10%+ declines have typically taken 8 weeks to recover to a new high.
The Drawdown Severity Score™ for Direxion Daily Bitcoin Bull 2X ETF currently stands at 3.74. A score between 3.0 and 5.0 indicates an elevated drawdown that's larger than this asset's historical averages.
New to drawdowns? Read what a drawdown is.
📜 Historical Drawdown Events
Current drawdown shown in blue. Below are 4 of BTCU's larger declines from its 4 tracked pullbacks, newest first.
| Start Date | End Date | Duration | Max Depth | Start Price | Lowest Price | Recovery Price |
|---|---|---|---|---|---|---|
| 2026-10-03 | Ongoing | 34 days | -25.8% | $29.34 | $21.78 | n/a |
| 2026-09-04 | 2026-09-21 | 18 days | -14.7% | $26.65 | $22.72 | $29.34 |
| 2026-08-28 | 2026-09-03 | 7 days | -7.2% | $25.59 | $23.76 | $26.65 |
| 2026-08-26 | 2026-08-27 | 2 days | -1.1% | $24.92 | $24.64 | $25.59 |
| 2026-05-28 | 2026-08-24 | 89 days | -40.7% | $24.16 | $14.33 | $24.86 |
How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).
Know the Moment Severity Changes
Since 2016, 75% of 1,138 Strong Buy and Ultra Buy alerts are in profit, up 191% on average vs 135% for the S&P 500 over the same windows (typical alert +76% vs +105%).
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Or explore current drawdowns:
BTCU Price History and Drawdown Data
Latest price
$21.78
High-water mark
$29.34
Current drawdown
-25.8%
Days in drawdown
34
What History Says About BTCU
Direxion Daily Bitcoin Bull 2X ETF has dropped 5%+ from its high 3 times in its tracked history. These events lasted an average of 38 days with an average max drop of -20.9%.
The current drawdown of -25.8% has lasted 34 days, which is within the typical range for comparable events.
| Period | Max Drop | Duration |
|---|---|---|
| May 2026 to Aug 2026 | -40.7% | 89 days |
| Sep 2026 to Sep 2026 | -14.7% | 18 days |
| Aug 2026 to Sep 2026 | -7.2% | 7 days |
Past Strong Buy alerts for BTCU
In our simulation, BTCU has not had a Strong Buy or Ultra Buy alert since 2016.
See the full track record, losers includedGet a free email when BTCU drops further than usual
We'll watch Direxion Daily Bitcoin Bull 2X ETF and email you only when it falls further than it usually does.
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ETFs in a similar drawdown
These are the tracked ETFs whose current drawdown from their prior high is closest to BTCU's. Percentages are each one's current drawdown. This is a comparison list, not a recommendation.
- FVUB.LFranklin FTSE Brazil UCITS ETF-26.5% current drawdown
- QLDProShares Ultra QQQ-26.5% current drawdown
- GLDSPDR Gold Shares-24.9% current drawdown
- BARGraniteShares Gold Trust-24.8% current drawdown
- GDXVanEck Gold Miners ETF-24.4% current drawdown
- BRAZGlobal X Brazil Active ETF-27.4% current drawdown
ETFs that usually fall about as much as BTCU
Ranked by the average size of each one's declines from a high over its tracked history. BTCU's average is 15.9%. This is a comparison list, not a recommendation.
- FVUB.LFranklin FTSE Brazil UCITS ETF10.6%average decline
- AMADefiance Daily Target 2X Long AMAT ETF12.1%average decline
- SOXLDirexion Daily Semiconductor Bull 3X Shares13.0%average decline
- ETHGrayscale Ethereum Mini Trust ETF20.2%average decline
- ETHAiShares Ethereum Trust ETF20.2%average decline
- QUACorgi QBTS 2x Daily ETF36.3%average decline
Learn More About Drawdowns
What is a Drawdown?
Definition, formula, and real examples
Biggest Drawdowns Ranked
How this asset's decline compares with the deepest in the tracked record
S&P 500 Drawdown History
Every major index decline with depth, duration, and recovery
Understanding Severity Scores
How our scoring compares to maximum drawdown
Our Methodology
Technical details behind the data
The Drawdown Severity Score
Our proprietary scoring algorithm explained
Latest Analysis
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About this data
- Source
- Adjusted daily closing prices from Yahoo Finance, so splits and dividends don't show up as drops.
- Coverage
- May 27, 2026 to Nov 6, 2026, about 1 year. 4 declines from a high recorded for BTCU.
- Updated
- After each U.S. trading day closes. This page shows the close of Nov 6, 2026.
- How it's calculated
- A drawdown runs from a closing high to the next new high. See the methodology and how the Severity Score works.
Published by DrawdownAlerts. Historical facts only, not investment advice.