I agree with your view. There are several indicators for Bitcoin's bottom, such as the pi cycle bottom, MVRV, and CVDD, all showing that Bitcoin has not yet reached the bottom, and there should be one last big drop.
Why is it said that $60,000 is not the bottom for Bitcoin?
As the big coin recently stabilized above $70,000 after a period of sideways movement, there has been a clear divergence in views on the future market trend, with some bullish and some bearish. To sum up, there are roughly two perspectives. The first view holds that the $60,000 level in February of this year was the bottom of this bear market, and a gradual recovery will occur in the second half of the year. The second view believes that the four-year cycle is still valid, and the current situation is merely a bear market bounce; the true bottom has not yet arrived. I lean towards the latter view; $60,000 is not the bottom. Many say that the rebound from $60,000 to $79,000 seems like a stabilization and recovery...
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