Could Bitcoin be at its Bottom of the 4 yr cycle now ?

Maybe...

It was supposed to happen around Nov based on previous 4 yr cycles which affect all crypto's because everything track with bitcoin in most cases other than new launches...

However the Re;ease of ETFs may have changed this landscape for the better this time...

Typically if you look at Bitcoins history It cycles up for two yrs then starts to deflate to a new higher low than the last cycle then for two yrs it regains usually in a yr then climbs an additional yr then Halves and then repeats the cycle of dropping two years to new bottom then repeats the gain cycle...

A lot of Macros affect this change such as economy and interest rates...

here is an article suggesting it may be at its new low for now and about to start its migration towards an all new high again...

.August 13th, Bitwise CIO Matt Hougan said in a Bloomberg interview that $Bitcoin (BTC.CC)$ may have hit the bottom of the bear market as negative news such as the recent Coldcard wallet hack, $Strategy (MSTR.US)$ company's Bitcoin sale, and the stalled progress of the CLARITY Act did not cause a significant price drop.

Hougan believes that the market's dismissal of bad news is a signal of the end of the bear market, and he expects institutional inflows, such as wealth management platforms approving crypto ETFs, to be the next stage's catalyst for an upward trend