If the 4 years cycle is dead?

So I hear a lot of peoples talking about the fact that the 4 years cycle is dead. Lot's of people mean this because of the institutions, ETF's, etc.

If so does that mean that the low's are not happening too? I mean a lot of peoples are hoping for 58-60k drop. What if this never happen? Cause these predictions are only based of graphic patterns like dead cross and so on.

I feel that bitcoin is very cheap right now and I don't think that it will go lower than 80k-75k max.

Currently there is a big gap between the cost of producing one BTC vs the actual price. And usually this gap never gets too big before correlating very quick. This is because the miners are mining at a deficit and they will hold thoses BTC's until the price is satisfactory for them to sell... therefore creating scarcity.

Anyway that is just my 2 cents. Thanks for reading this far.