There's a big damn chance for it to happen, the significant price increase can't just keeping up forever, the correction will come if you do the math, but noone knows when it'll happen. Since the price is just pure demands from the market and just how the whales manipulate people's brain to make either buying or selling trends, no obvious analyzation and will never be.
But you are not considering about new investors. When bitcoin prices are reaching new heights, it attracts more investors from rest of world. When there are more people who are eagerly waiting to buy comparatively cheaper prices, then we cannot expect prices to fall down drastically.
Dumping/profit booking by whales will be losing its significance when there will be enough buyers on the other end. Literally when bitcoin is gaining new heights, those whales are losing their power.
I believed also that there are a lot of new investors that are willing to come in anytime. They are just waiting for the perfect time to go in, in a crash or a price dip. I see that their is minor correction going on, a lot of investors cashing in, its normal. But I speculate that new investors will be coming in this coming days pushing the price to $4500.
Of course the price can't keep going up, that is why a price correction is needed, but I don't see anything that will cause panic sell that will completely categorized it as a market crash. Its just minor price correction the way I look at it.
