Ohh... yes!. Bicycles are one of my most loved shooting themes, and this one is really good. The low point of view you've used including the water makes the point in this shot. The high contrast also adds in the "blue day" mood of the photograph. Only thing I'll change would be a little bit cropping in the lower part of the photograph. The landscape format would add to the composition moving your eye from left to right bicycle (just my humble opinion).