It is an Idea.
I think you should check it with these points.

All parabola with >50% linear corrections are cycles.
All tops found as log 1.618 extensions of cycle lows.
Cycle top ~$180k BTC.
Sub 50k potentially never seen again.
$1 million bitcoin projection at end of decade.

But please keep in my it is an Idea. Idea of Alternate Macro.