The massive drop in BTC /USD saw a fall of $1000 very quickly today. The analyst's who have short positions are screaming I told you so. Hold your horses. The drop today was not foreseen or calculated using the technical data using charts but was a direct result of a massive 400 million being dropped by the liquidation administrators of the Mt Gox investigation. This was an isolated incident and was very hard to accurately predict using chart formation. The normal patterns should resume within 24 hours of the correction.