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To me it sounds like it wasn't kelp, the popping you were feeling was the fish in the rocks. Big fish, blacks especially, swim right into caves and shit. The popping was your flouro being abraded on the rocks ie knicked near the hook. They get the weight snagged and then they can shake the hook easily.
Most likely it was a black, so look at the bright side; when you hook into a 20# yt it will feel like nothing in comparison. Personally I would say you did the right thing by trying to horse it off the bottom quickly. If you're taking the time to test your knots and drags the night before fishing, you should have no doubt in your equipment and know exactly how much you can thumb it.
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