Technical analysis by Manish08093 about Symbol BTC: Buy recommendation (3/30/2025)

BTCUSD is currently trading around $83,232, showing signs of consolidation near a key support zone. The price is hovering around the 83,300 level, which aligns with previous resistance turned support.Key Observations:Bullish Momentum: The price has recently broken above a key resistance zone and is attempting to hold above the 83,300 level.Moving Averages: The short-term moving averages (red & green lines) are currently acting as dynamic support. Meanwhile, the black trendline (likely 200-MA) is sloping downward, indicating that the larger trend is still uncertain.Support Levels: The next immediate support lies around 82,960 - 83,000, followed by a stronger demand zone near 82,550.Resistance Levels: Bitcoin needs to break above the 83,400 - 83,600 range to continue its upward momentum toward the 84,000 psychological level.