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An all-time high occurs when Bitcoin’s price exceeds any previous peak, setting a new historical record. ATHs are critical psychological and technical markers that often attract increased market participation. Bitcoin first hit its ATH in late 2017, surged again during 2020-2021, and in 2025, it surpassed its previous highs, breaching $124,000. Each ATH serves as a signal of expanding adoption, investor optimism, and often precedes periods of heightened volatility.