We went from $1200 to $1165, it's staying up nicely, so we must hope that we don't go below $1100 and I think we are reasonably ok and good to go for the next $1300 test.
I wouldn't really call that a big dump. It was a small dip. I wouldn't be surprised to see more of a drop to below $1000. The prices right now are still high so a correction is not unexpected.
it is usually a big dump when you see something like this on the chart with a very sharp drop and a very big volume. the amount it went down is about $60 which you can say is not that big with bitcoin standard and the percentage is not that big either (5%) but it is still a big amount to drop in a short time.
good news is that the resistance has been good and it bounced back up and it fit breaks $1200 again i say it is safe to say it is over but it may not be this fast.