After all this extreme bullishness BTC had to cool down, it does makes sense. We can expect a slow grind back up to 20k from here, that wouldn't surprise me at all. The support at 16 k seems to be gaining power. We can also expect large buyers to continuously add BTC to their portfolio, this will soften the panic. The volume is great, so there is no real reason for any concern. really big dumps usually only happen after we doubled ATH for example, from 40k you can expect drops to 25k, but in this area its unlikely. Its clear to most intelligent people on the planet now that BTC Will go to 100k at some point.