BTC/USD is consolidating in a narrow range and is trading at 1038 levels at the time of writing (Bitstamp).

Ichimoku analysis of daily chart:

Tenkan Sen: 979.79

Kijun Sen: 1120.66

Intraday bias remains neutral with rangebound trading from past couple of days and a flat-lined RSI. The pair has found strong support near 1022.17 (100-DMA) and a break below could see further downside.

Overall bias appears bullish as long as 100-DMA support holds. Stochastics point higher and a bullish MACD crossover is in the works.

On the upside, the pair is facing strong resistance at 1066.54 (38.2% retracement of 1350 and 891.33) and a break above would see it testing 1111.11 (50-DMA)/1139.89 (January 04 high).
 
On the downside, the pair has taken strong support near 1022.17 (100-DMA) and a break below would target 1000 (38.2% retracement of 891.33 and 1068.26)/ 979.80/ 944.36 (March 18 low).