BTC/USD is moving sideways on the Medium-term outlook. The Bullish momentum that propelled Bitcoin price from the low of $3,774 could not break up the resistance level of $4,050 because of the Bear’s opposing pressure. A bearish “Harami candle” pattern formed on March 9 pushed the coin to find its support at the support level of $3,903 after broke down the two dynamic support levels and consolidation commenced. The 21 periods EMA has twisted to the 50 periods EMA and the BTC price is trading on the two EMAs which indicate that consolidation is ongoing in the BTC market. Nevertheless, the Stochastic Oscillator period ... (full story)