📈 BTC/USD Chart Analysis: Signs of Growth and Possible Reversal Points

On

the presented chart of BTC against the US dollar, a clear upward

trend is visible 🔥. Let's analyze what this chart tells us and

whether there are signals for continued growth or a downward correction.

🔍 1. Clear Trend – Upward 📈

First and foremost: the chart demonstrates steady growth with acceleration. This is evident from:

The gradual increase in the angle of movement.

Higher highs and lows – a classic sign of a bull market 🐂.

🧩 2. Patterns for Growth

Here’s what stands out:

🔺 "Flag" or "Flagpole"

Sharp rise (flagpole), followed by consolidation (flag).

Then – a breakout upward, which has occurred on the chart.

This is a classic bullish pattern indicating a continuation of upward movement 📊.

⚠️ 3. Potential Signals for Correction

Although the trend looks strong, there are several points worth noting:

📍 "Double Top"?

At the very top, a formation resembling a potential double top is visible.

If the price cannot surpass the current high and starts to pull back, it could be a signal for a downward correction.