It might be a bit more convincing if the BTC price bounce were to be drug out through 2021 rather than happening in 2020.

Furthermore, I really doubt that intense down before up, such as down to $2k would actually facilitate BTC going UP so quickly... and what I am suggesting that such extremes in DOWN would likely have greater chances to suppress BTC prices and drag out our period of down before up, if such were to occur.

Attempting to give some benefit of the doubt to "extreme down" before "extreme up," I could recognize as possibly reasonable DOWN down to $5k (or even something approaching our $4,200 jumping off point.. maybe $4,500) as something that might be a stretch of extreme down, but still within reasonable extremes that seem to have tendencies to happen in BTC, though.