History doesn't repeat itself. We could even see bitcoin testing new lows before going up again but your model can help people to gauge how close the market is bottoming. Another way to gauge market bottom is when the crypto market is boring and many people have already cut their losses.
Definitely right and was supposed to say the same thing which History doesn't repeat and its not a sure thing even though we do see its previous price path but doesn't mean it would guaranteed to happen once again but I would say sooner or later there would really be a possible recovery because not all the times market would be like this which is on dump state. We might see a growth but this would be a slow and on gradual aspect I believe.