Bitcoin Outlook — My Personal View on the Current CycleBitcoin / TetherUSBINANCE:BTCUSDTTomasF1709I’m still following the cycles. Even with all the institutional involvement, ETFs, macro pressure and global uncertainty, I personally believe the Bitcoin cycle structure is still respected. Looking at the current chart structure, I still see a high probability scenario where Bitcoin creates another major leg down before the real next expansion phase begins. The area I’m mainly watching is the $60,000 zone, with the possibility of temporary volatility even below that level if fear and liquidity pressure increase globally. From my perspective, the market still hasn’t fully priced in the macro risks ahead. We are entering a period where: inflation remains elevated, PPI and CPI continue to create uncertainty, the labour market is slowly weakening, and the Federal Reserve situation could become very aggressive again depending on leadership changes and future monetary policy decisions. At the same time, geopolitical tensions worldwide continue to increase, and markets hate uncertainty. That combination can easily create another wave of fear across risk assets. Technically, I see the current move more as a relief structure inside a larger distribution phase rather than confirmation of a completely new bullish expansion. The chart still shows weakness in higher zones, repeated rejection areas, and liquidity targets below current price action. In my opinion, the market may still need one final deeper flush to fully reset sentiment, remove overleveraged positions and create stronger long-term positioning opportunities. Most people focus only on short-term price action. But cycles are built around psychology. And historically, the strongest opportunities usually appear exactly when fear, uncertainty and negative sentiment become extreme. That’s why I’m staying patient. I’m watching liquidity, macro data, Fed policy, global events and the cycle structure itself. If Bitcoin revisits the $60k region over the coming months, I personally wouldn’t see it as the end of Bitcoin. I would see it as part of the cycle.