Bitcoin doesn't go down in price over longterm, this is a fact. With this fact I can deduce that it will never go longterm below $1000 anymore. It's simple really.
You mean induce...because you've only made a prediction. Your analysis only suggests that it is possible that your claim is cogent. Actually, what you mean to state is that from prior patterns, Bitcoin probably won't go down in the long term. The best course of action for you to take is to only invest what you can afford to lose.