Core Support Logic for the Bullish Trend (Upward Momentum)Bitcoin / U.S. dollarBITSTAMP:BTCUSDTheodoreHall# 📈 Core Support Logic for the Bullish Trend (Upward Momentum) 1. **Valid Technical Breakout, Irreversible Trend** A strong breakout above the key psychological and technical level of $76,000, confirmed by increased volume, has turned previous resistance into strong support. The daily, 4-hour, and hourly charts all show bullish convergence, with a stable upward channel slope and extremely strong support on pullbacks to the $75,800–$76,000 range. 2. **Continuous Institutional Inflows, Solid Bottom** ETFs have seen continuous net inflows, and MicroStrategy has significantly increased its holdings. The $75,000–$76,000 range represents a dense cost zone for institutional investors, indicating strong buying pressure below. Long-term accumulation by whales and a sharp decrease in exchange balances have contracted the circulating supply, creating a supply-demand dynamic favorable to the bulls. 3. **Precise Support Range (Core Support Level for Buying on Pullbacks)** - First Support (Core): $75,800–$76,000 (Early morning breakout level, 15-hour EMA, psychological level; extremely low probability of breaking below) - Second Support (Strong): $75,300–$75,500 (4-hour moving average, yesterday's high, bullish lifeline) - Third Support (Extreme): $74,800 (Daily support; a break below this level would indicate a weakening trend)