Bitcoin Price Technical Analysis for 12/20/2017 – Major Correction Ongoing

Bitcoin Price Key Highlights
Bitcoin price embarked on a large correction as predicted in a previous article.
Bullish momentum has significantly slowed near the $20,000 barrier, so a pullback is necessary to draw more buyers in.
The area of interest near the Fibs and trend line is still holding and could be enough to lead to another leg higher.
Bitcoin price is showing a classic correction to a former resistance level as it waits for more bullish momentum to sustain the climb.
Technical Indicato