Reading the charts and using basic logic, this drop was inevitable.
However as it bounced of right at my target i'm still very hopeful that we'll be back up there in no time and even higher.
The big boys are just taking profit and probably hoping for new weak hands to sell to increase the margin even more.
HODL is key!
I recommend checking this 'prediction' out, couldnt explain it better myself: https://steemit.com/bitcoin/@haejin/bitcoin-btc-evening-update-alternate-count-was-executed-precisely.