What your chart shows is the floor after each peak is established 214 days after the previous peak. That would make the current price the floor for the next bubble burst. But that assumes the days between bubbles is always constant. I don't think anyone ever took that seriously. It's just a coincidence.
My chart shows time between peaks, like the OP's guess.
Not the "establishing floor", just time between peaks.
Time between peaks either 214 or 235 days. That's why I drew 2 lines on previous peaks.
We have passed 214 days time point already, probably we already have started the next wave of the downtrend.
But we still have 1-2 weeks to the 235 days time point. Maybe we'll have a bubble during these weeks? I don't think so.