BTC is of course gathering a lot of attention. Looking at the chart you can see a nice pretty "bull flag" forming - almost textbook. This times nicely with the overall market as FUD grows about launch today and next week. It's a pretty logical consolidation time as weak hands drop coins and strong hands pick them up (my suspicion, at least).
If you are looking at opening a position on BTC , I would wait until we see some sort of move out of this . A more aggressive trader / holder can enter as soon as we get a confirming 1h/ 2h candle out of the upper trend-line, and a more conservative trader / holder can enter as soon as we break the flag and get a new ATH .
I hate flags on chart analysis because all they really are is a short-term , and so many people will tell you to buy the flag. It's horrible advice. The short-term channel could easily continue on, breaking the pattern and losing you thousands. This is why you should ALWAYS wait for a confirming signal before entering a new position.
I would expect at least one more drop to anywhere between $1400-1600 before a reversal will happen (if it happens).
If they planned on dumping Monday you'd see them continuing to pump today.