After the halving, demand will double the previous supply & maybe triple
Not sure where you get those stats from.
I get what you're saying and I think there is some rational truth to it - the fact that there is likely some hard support at a price level x that is increasing over time due to the fact that there is more adoption base, more institutional use, coupled with the fact that there is no significant inflation that occurs in BTC terms.
But at the end of the day the model you describe is way too arbitrary and seems reliant on speculation for long term price growth, which we know is not true.