Basic Uptrend Support Logic for BITSTAMP: BTCUSD Author: Albie_Walker — TradingView

📈 1. The medium-term upward trend is strong and the upward channel is healthy
Since the March low of $65,403, daily price lows have been rising steadily while highs have continued to make higher highs, forming a sharp ascending channel. The medium-term bullish structure remains intact and the uptrend is irreversible.

The key support areas of **$81,500-81,800** (strong support and consolidation bottom on the hourly chart) and **$80,800-81,000** (psychological levels + uptrend survival line) are strong and unbreakable. Staying at these levels will lead to a new rally.

🏦2. Dual support from institutional investors and large investors, huge purchasing power
Bitcoin ETFs have maintained consistent and steady net inflows, and institutional participation has not slowed down since May.

🏦 The price range **$80,000 – $81,000** represents the core corporate holding cost area, below which there are a large number of pending purchase orders; any pullback will attract widespread institutional buying.

Whales’ long-term positions remain stable, trading balances are low, circulation supply is tight, and spot selling pressure has almost dried up. The current upward consolidation is just a routine liquidation and consolidation stage, and it is expected that the upward momentum will be strong in the later period.

📊 3. Short-selling pressure continues, and the upward momentum has not yet been fully launched
A break above $82,000 resulted in a massive liquidation of short stop-loss orders, proving that short-selling pressure persists and that there is plenty of room to rise.

Short-term top divergence only indicates a slowdown in momentum, not a trend reversal. After consolidation and technical adjustments, buyers will regain full control.
The structural imbalance between supply and demand – strong and sustained institutional buying versus limited new supply – continues to strongly support further price increases.