Can we say here that we will get many similar minimum altitudes? Which means many periapsis points? In other words, can we say that the we have many periapsis points each point appears during a one complete rotation of the satellite around earth? (emphasis added)
Yes, yes, and yes!
tl;dr: quoting @Polygnome's comment:
In other words, there is one periapsis per revolution, and for Keplerian orbits all revolutions are exactly the same, but not in the real world.
We approximate orbits around a body like Earth as being periodic and elliptical. that's not exactly true but I'll discuss that further.
First let's assume that the Earth were spherically symmetric (and not oblate and slightly lumpy) and ignore the effects of gravity from the Sun and Moon and other planets and atmospheric drag.
In that case orbits will be exactly periodic and closed, meaning for a period $T_0$ if the object is at some location vector $\mathbf{x}$ with velocity vector $\mathbf{v}$ at time $t$, then it will also be at those vectors at any time $t + NT_0$ where $N$ is any integer (e.g. ...-3, -2, -1, 0, 1, 2...).
We use the word periapsis in several different ways. We can use it to represent the "periapsis altitude" or the "periapsis position vector" only, or we could use it in to talk about whole set of events where it passes through that point.
Here are some examples:
- "Periapsis is at 314 km."
- "Periapsis altitude is 314 km."
- "Periapsis will occur over the landing zone."
- "Periapsis is the endpoint of the eccentricity vector."
- "These days periapsis is usually on the night side of Earth."
- "Periapsis always happens exactly one half period after apoapsis."
- "Periapsis always happens exactly one half period before apoapsis."
However, in the real world, orbits around the Earth are not exactly closed (they don't return to exactly the same spot after one orbit) nor exactly periodic, because the Earth is oblate and lumpy, the Sun and Moon and other planets have gravitational effects, and there are weak effects like atmospheric drag and radiation pressure from sunlight.
So when very careful detailed calculations are done, while every orbit has a periapsis, it happens at a slightly different place and slightly different altitude, and the times between them is slightly non-periodic.
In this case we know the orbit isn't exactly an ellipse, but it's so close that we call it elliptical. We know the orbit isn't exactly periodic but it's so close that we can still talk about the period as if it were.