A big drop is inevitable although i don't see it happening before the halving. Everything is now upto the halving which makes things quite tense if you ask me.
Because my biggest fear is the price will go down sub 200 after the halving.
Before a big drop you need some really big price movement!
And have we seen that so far?No!
Right now Bitcoin is in a bullish phase, which means upwards movement in general.But we are far away from a big bubble at the moment!
So I can not see a big drop coming, and definitely not a price of sub $200!
If the price just rise 1-2% a week, the price rise will be sustainable. There will not be a big drop later.