Charts, patterns and explanation looks nice and it's easy to believe that. And if enough people believe that, it might even happen. Anyway, I've never understood how this can really model the future with any reliability. If 2013-2014 first big rise and fall was formed during special circumstances, exchanges crashed, political oppression. This time there is quite different time and world. Userbase is different, ecosystem maturity is on completely different level, banks and politicians have no more any effective FUD ammo they could use. So expecting peak around 2000 and pull-back to 1200 is pure speculation IMHO but maybe if enough people take it as future reality, it might happen. My guess based on outside situation is that we might see much higher peaks than 2000 and much slower corrections back. Total crash could be expected only if something really bad happens like crash of multiple big exchanges or cryptography break by some quantum computing, etc.
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What if it acts like gold? 1900 top, pull back to 1150. That'll definitely mess with some heads...
People might think in those numbers but this is entirely different market than gold market with quite different players.
Folks out there that say Bitcoin is impossible to chart. Really? Aren't charts just reference points? Don't those reference points indicate trend? Of course, the unknowable is universal no matter the vehicle.