Is Bitcoin Forming Its Cycle Bottom ?! Maybe YesBitcoin / TetherUSBINANCE:BTCUSDTNexi-MarketHi Guys 👋 Lets look at the Bitcoin Chart 👀 📌By closely analyzing Bitcoin’s weekly chart, we can clearly identify a Wyckoff distribution structure forming at the all-time high, followed by a relatively strong bearish trend. During this decline, a redistribution phase has also taken place, reinforcing the continuation of the downward move. 📌In February 2026, the price approached the weekly demand zone but reacted before making direct contact, leading to a bullish leg. However, this upward movement was rejected above the $80,000 level, and the market recently formed a new low around $57,900. 📌It is expected that the marked demand zone will be able to hold the price and potentially act as a valid bottom for this market cycle. ⚠️ All published content reflects the analyst’s opinion only and does not constitute any financial or investment advice. Feel Free to share your thought and comments on this post 😊 Sincerely, Hossein Poursaei