Core Support Logic for the Bullish Trend

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Core Support Logic for the Bullish TrendBitcoin / U.S. dollarBITSTAMP:BTCUSDTheodoreHall# Core Support Logic for the Bullish Trend 📈 1. Unbreakable Medium-Term Bullish Trend, Intact Upward Channel Since the March low of $65,403, daily lows have consistently risen, highs have consistently moved upward, and the upward channel remains steep. The medium-term upward structure stays fully intact, and the bullish trend is irreversible. Key support zones at $80,500–$80,800 (strong hourly support, consolidation range bottom) and $80,000–$80,200 (psychological level + bullish trend lifeline) are solid and unbreakable. A firm hold at these support levels will trigger a strong rebound. 🏦 2. Double Support from Institutional Investors and Whales, Extremely Strong Buying Power Bitcoin ETFs maintain steady continuous net inflows, with institutional capital participation showing no slowdown since May. The $80,000–$80,500 range marks institutions’ core average holding cost, with dense pending buying orders below this zone; any pullback will attract large-scale institutional bargain hunting. Long-term whale positions remain stable, exchange reserve balances stay low, circulating supply is scarce, and spot market selling pressure is nearly exhausted. Current high-level consolidation is just a typical shakeout and accumulation phase, with massive upside momentum set to release once consolidation completes.