During the 12/18 session, we noted that Bitcoin was forming a triangle against the US Dollar. After that observation, BTCUSD broke below the triangle and continues its bearish correction, testing what we anticipated as support in the 17800-18000 area. $BTCUSD 1H Chart (click to enlarge) A head and shoulders turned into a triangle. Now price action appears to be forming a falling wedge.The structure of this correction so far is choppy compared to the prevailing upswing.This difference in price structure suggests that this is indeed a correction to the trend, meaning we should anticipate a completion of consolidation, and a subsequent bullish swing. (full article on CoinPowr.com)