1. Analysis from above considers 4-year Bitcoin cycle. This is why BTC is represented in an uptrend.
Peaks: November 2013 - December 2017 - December 2022
2. Using Gann Box to use lines of support and resistance and Fibonacci Retracement / Circles. It is possible to see the pattern that the BTC value stays above the circle until a support is reached to make it stretch upwards or downwards.