sure. but the thing is how low and how long will it stay there? cloud miners are closing shop and who knows who's next... there must be at least some worry and anxiety from their part.
Aren't most Cloud Mining companies Ponzis that disappear after a short while anyway? Regardless, just because one or two companies go under doesn't mean bitcoin is doomed but there certainly will be some hurdles along the way and those companies will just have to deal with them why they come. I think bitcoin will move on without them, though.