Yes of course there is a correction coming (or a Dark Age). That is a very clear trend in the BTC (for 6 years), and now other Crypto charts. Lots of ppl pretend it won't happen, and they will suffer the most with lack of preparation.
Each huge wave up is followed by a retracement to just above the previous high. In this wave up, the start was around $300 on BTC, the high looks like $5000, and the previous high was $1200, which is where it is heading now, and will mark the floor of this current downtrend. The waves last a couple of years on average, but there is a wide variation.
$259.34 (2013 Q2 peak)
x 4.48446$1163 (2013 Q4 peak)
x 4.28116$4979 (2017 Q3 peak)
x 4.38281 (averaged multiplier)$21822 (target peak)******
$1163 (2013 Q4 peak)
/ 4.4051$264.01 (average floor = ~2013 Q2 peak)
$4979 (2017 Q3 peak)
/ 4.39024 (averaged multiplier)$1134.10 (target average floor = ~2013 Q4 peak)