When we look at the 4H chart, we might say duh, of course BTCUSD is in a bearish correction. However, this wasn't clear until Christmas and the hours afterwards when price fell sharply from just under 460 to around 415 before stalling during on 12/26.BTCUSD 4H Chart 12/26(click to enlarge)The latest downswing brought price clearly below the 100-, and 50-period simple moving averages. We also saw price break below a rising trendline and a support/resistance pivot area just around 425. It also kept the RSI from breaking above 60 (except for a brief poke), and brought the RSI back below 30. This shows developing bearish momentum, although in the near-term, it does suggest that bears might need a break. Still, with a price top in place, we have the 400 level then possibly the 355-360 support/resistance pivot area in sight.