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.
But how you are calling it is a big dump. Technically it was a downfall of less than 5% which is very much casual fluctuations of daily market movements. I guess people are getting practice to rocksolid price levels and thus leads to calling it is a big dumb.
Right now bitcoin prices are recovering and moving toward $1200 levels again as F2pool started voting for segwit. I believe we are going to find a solution for the issues of scalability in very near future and certainly it will lead to breaking $1300 price levels this time.