There is hardly any analysis behind that... Simply random pattern matching (extrapolating pump waves into the last one). However, is it likely to happen? Maybe, if the circumstances were perfect... Huge BTC pump, then movement sideways for alt-season to accelerate. We would have to see some interesting projects appear on BakerySwap as well. It could turn out to be 12345ABC Elliot wave, then there could be another big drop in price.
“History Doesn't Repeat Itself, but It Often Rhymes” ~ Mark Twain