Major market players are waiting when everyone to believe in growth to sell high. And many peoples already believe in this, because long positions are 2 times larger than shorts for now.
Chart description: now we are in a yellow wave 4 that looks like a flat, not a . Wave B higher then A - it is absolutely normal for flats. Red wave C hasn't yet occurred and it will go to the range of 5000 in near future. Imho.
P.S. This chart isn't a financial advice, it is only my opinion about bitcoin movements.