{"id":921243,"date":"2026-07-20T15:12:42","date_gmt":"2026-07-20T20:12:42","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/07\/20\/bitcoin-price-just-entered-a-zone-that-previously-saw-7500-returns\/"},"modified":"2026-07-20T15:12:42","modified_gmt":"2026-07-20T20:12:42","slug":"bitcoin-price-just-entered-a-zone-that-previously-saw-7500-returns","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/07\/20\/bitcoin-price-just-entered-a-zone-that-previously-saw-7500-returns\/","title":{"rendered":"Bitcoin Price Just Entered a Zone That Previously Saw 7,500% Returns"},"content":{"rendered":"
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Bitcoin<\/a> is once again trading near its previous all-time high of $69,000. Crypto analyst Ali Martinez says the world\u2019s largest cryptocurrency is showing the same pattern that once led to gains of over 7,500% and 550% in earlier market cycles.\u00a0<\/p>\n

At the same time, on-chain indicators are flashing familiar signals that could point to another major move.<\/p>\n

Bitcoin Is Close To Historical $69K Level\u00a0<\/h2>\n

Crypto analyst Ali Martinez says<\/a> Bitcoin has only traded below the previous cycle\u2019s all-time high a few times in its history, and every time it later turned into one of the best buying opportunities.<\/p>\n

During the 2015 cycle, Bitcoin fell below the previous peak of around $259 before rallying more than 7,500% in the following bull market.<\/p>\n

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A similar pattern appeared after the 2021 cycle. In late 2022, Bitcoin dropped below its previous all-time high of $19,660 before climbing more than 550% to its October 2025 peak of $126,198.<\/p>\n

\"Bitcoin<\/figure>\n

Now, history is repeating once again. Since June, Bitcoin has been trading below the 2021 all-time high of nearly $69,000.<\/p>\n

Martinez believes reclaiming and holding this level could signal that Bitcoin is moving out of its bear market and into a new long-term uptrend.<\/p>\n

On-Chain Data Shows Buyers Defending Bitcoin<\/h2>\n

Glassnode\u2019s latest Short-Term Holder (STH) Cost Basis Distribution Heatmap shows that many<\/a> new investors bought Bitcoin between $62,000 and $65,000 after the recent recovery from $57,000.<\/p>\n

This creates a strong support zone because many holders now own Bitcoin around these prices.<\/p>\n

\"btc<\/figure>\n

However, Glassnode also warns that much of this buying happened near the end of the recent rally. If Bitcoin cannot break above $66,000, those new buyers could start taking profits, increasing the risk of another short-term pullback.<\/p>\n

Long-Term Cycle Still Points to a Bigger Recovery<\/h2>\n

Crypto analyst Rekt Capital believes<\/a> Bitcoin is still following its traditional four-year cycle.<\/p>\n

According to him, 2025 marked the bull market peak, while 2026 continues to behave like a bear market year. He expects 2027 to become the final bottoming phase before a completely new Bitcoin bull cycle begins.<\/p>\n

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Even with the current weakness, analysts say Bitcoin continues to follow many of the same patterns seen in previous market cycles.<\/p>\n

As of now, Bitcoin is trading around $64,460, as traders watch whether BTC can reclaim $69,000 and confirm its next major trend.<\/p>\n

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