Bitcoin Correction Imminent

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
With all BTCUSD oscillators at their upper extreme and the price getting closer to the upper trend line of the huge ascending wedge , it seems like we should expect a price correction soon. There is still room for BTC to reach new highs as high as $5000 or even $5100 but that might as well not happen since every player in the market is already warned about bitcoin being overpriced and should soon take action upon that.
Comment: Take note on how previous corrections sort of mirrored the top point against SMA-50 (bold orange line) before reversal.
Bitfinex hit $4870 today, if that's the current top before a correction to $3000 it will be my best call yet. I went into cash at $4820
That's a great call falling to $2900 ish, and every long with blinders on must not see the massive gap at 3000 staring them in the face.

$2900 x 1.68 = $4872

It's getting close, I don't think it gets to $5000 but some fools may throw a candle up there that burns out instantly.
exkuji bmgbmg
@bmgbmg, every time when we predict BTC moving it will act opposite.
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