No, but that's the point. We can make the level go down temporarily with strong measures, or else it goes up and up.
I seriously doubt the goal of most countries is to ride the maximum capacity of their healthcare towards herd immunity. Again, we're talking about millions of lives. In the US, for example, that would be some 1-4m lives lost.
The current goal is more to minimize loss of life as much as we can afford to while we search for a treatment/vaccine.
Well, if you wanted to suggest that possibility, then you'd have to use just the last month as your repeating value, not the last 3 months. So 60k deaths in 1 month would mean 720k deaths in 12 months. Or I guess you could say 610k in 12 months, if you wanted to start at the beginning but just repeat the 3rd month 9 more times before the end of the year.