Abstract: There is provided a bearing holder comprising a first side, orthogonal to a head tube axis when the bearing holder is used in conjunction with a head tube of a bicycle, adapted to receive a bearing, and a second side, opposed to the first side, adapted to be removeably secured to a head tube of a bicycle, the bearing holder being adapted to axially position the bearing about the head tube. The bearing holder is mounted to the top end of the head tube of the bicycle and the fork tube is engaged to the bearing provided atop the bearing holder. The height of the bearing holder (or a spacer if the bearing holder sits onto such a spacer) determines the elevation of the handlebar connector and thus of the handlebars with respect to the head tube thereby permitting the adjustment of the elevation thereof.