Obviously, we are still in the stages where Bitcoin goes straight up but if you ask me, I don't think this chart is fully applicable to Bitcoin as well as altcoins. In other words, we have already seen this cycle repeat itself many times. For example, after Bitcoin had been goxed, we were definitely in the downward trend for a couple years, but we have long passed the Gox highs made in 2013. Well, maybe not so long ago actually but you get the point.