In your opinion, what was the effect of the segwit to BTC price? I've been thinking about it and I think it had the adverse effect o causing mistrust. The day that BIP 91 started getting momentum, BTC started rocketing up ( see https://www.coindesk.com/bip91-begins-bitcoins-miners-signal-segwit2x-scaling-proposal-early/ ). I wonder if you can take into account these considerations in your analysis. So perhaps, BTC sinked due to the fear of a fork of the blockchain. But when things started to move forward, the price recovered. Now BIP 91 and segwit are going to go smoothly.

In my opinion we are going back to a normal, and it could be higher than what you project.