I interviewed several people around me, and they all think October this year is the lowest point of this cycle, and they plan to go all-in at that time.

In the three historical cycles, the bottom has been reached after dropping 70%-85% from the high point;
This cycle's high was 126,000, and by that calculation, it roughly falls within that range;
Plus add on the halving cycle logic, ETF inflows, and institutional allocation, October as a node seems quite reasonable.
But with everyone around me pointing so uniformly toward October, I actually feel a bit odd about it!