Agree with you @booster916

You can see the similarities in the First Cycle to that of the Second Cycle.

Another thing to keep in mind is that out of the close to 580 days for which data is available on Coin Market Cap the price has been close to or less than US$1 for 343 days (search was done on SBD smaller than US$1.15). This is a ratio of 60% at or < US$1.15 and 40% > US$1.15 as seen below.