Bitcoin Correction Imminent!

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·@embomb701·
0.000 HBD
Bitcoin Correction Imminent!
I circled the points where the relative strength index showed that Bitcoin was over bought and the corresponding dips. 
![RSI and Correction.png](https://steemitimages.com/DQmePfBE1t1Yi4qfwtMjmRH14X3Ji5uDiuD9PNzofA4kC92/RSI%20and%20Correction.png)

As you can see on the RSI every single time we have gone over the RSI we had a correction, not all of them were huge but, the bigger the run up the bigger the dip. Now for people who got into Bitcoin early just HODL, but for traders, its a good time, in my opinion to move some BTC to USD to hedge against the correction so you can re-buy the dip depending on when you got in you might be able to get in much cheaper. This could be a 30-35% dip in my opinion so hold onto your hats everyone!

Now I am by no means FUDing, I am long term on Bitcoin corrections are healthy for any market, it gives buy in opportunities for new investors and for traders to lock in gains. I especially think this dip will be big because people want to lock in those gains for holiday spending. Again I am not a financial advisor, this is all in my opinion. Thanks for visiting, feel free to comment and up, anyone who follows me I will follow back as soon as I notice it.
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