$BTC The most likely low for BTC is October 2026, based on the 4 year cycle.$LA

Under some circumstances it could happen as early as May.$BERA

BTC does not have a monopoly on the four-year cycle.

You can that the S&P 500 has gone through many periods where it bottoms approximately every 4 years.

Major lows tends to occur in early Q4, but in some cases it occasionally happens in May.

October would be favored if we get multiple week-to-month long countertrend rallies that delay things.

May would be favored if the countertrend rallies just last a few days to a couple weeks, and deeper drawdowns occur sooner.

I favor October over May for now, but as an investor we have to be aware that markets can always evolve in ways we do not expect.