Those pattern-repeat theories in the brief history of Bitcoin work until they stop working. There were also many such theories saying we were going to hit minimum $100k last year.
The main theory about $100,000 came from the charlatan Plan B, who tweeted his non-working S2F model, which many hamsters prayed for. This model supposedly predicts the price of bitcoin in the future based on technical analysis. Such theories will definitely never work, because to determine the price of bitcoin, you need to use only fundamental factors, and not any indicators on the charts. The theory about the cyclical nature of bitcoin and the repetition of the loss of value is not based on charts and technical indicators, so the likelihood of this theory working is much higher than all these theories based on technical indicators.