Looking at Bitcoin's price history, there have been very few occasions where, during a bear market, it traded below the previous cycle's all-time high. • 2015 Cycle: After peaking in late 2013, Bitcoin eventually fell below the previous cycle high around $259. For long-term investors, that proved to be an exceptional accumulation zone, leading to a rally of more than 7,500% over the following cycle. • 2022 Cycle: A similar event occurred after the 2021 bull market. In late 2022, Bitcoin dropped below the previous all-time high of roughly $19,660. Investors who accumulated around that former peak saw Bitcoin eventually rally more than 550% to its ultimate October 2025 peak of $126,198. • Today: The previous all-time high from the 2021 cycle sits around $69,000. Since June, Bitcoin has traded below that level once again. History doesn't guarantee the same outcome, but previous cycles show that reclaiming the prior cycle's all-time high has often marked the transition from a bear market back into a sustained bull trend. If BTC can successfully reclaim $69,000 and hold it as support, it would be another strong piece of evidence suggesting that the next major uptrend could already be underway.(Ali Charts)