Interviewed several people around me, and everyone seems to think this October will be the bottom of this cycle. That’s when it’s time to go all in. Historically, in three previous cycles, the bottom was usually around a 70%–85% drop from the peak. This time, the peak was $126K, so based on that range, it should fall somewhere in this zone. Plus, when you factor in the halving cycle, ETF inflows, and institutional allocations, October seems like a pretty reasonable point. But the fact that everyone around me is so unanimously pointing to October actually makes me feel a bit weird about it!