As I said I love reading you, and I think 9 of 10 times you are right. I am not sure why jcornel is bullish but I can give you my take.
The banks are moving in.
They see the activity and understand every second they are out they are losing.
Amazon will get in and aws allready profits from the action.
The banks are pushing the regulators since they are losing money.
But your math pattern does make sense...
So we will wait and see :)
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I guess this is why he was bullish...
The SEC has a new leader at the helm as well now... might be more crypto friendly than the last...