Your is only a supposition, and as supposition it could be true but it could be false (this is normal). However I don't think the bitcoin price will drop to 160 dollars, if it will go down I will buy (for sure) 300-400 dollars of bitcoin, because I think the price will go up after the next block reward halving.
I hope all this speculation will end one day, and the price will be more stable than the previous years (and also of this year).
The reason we have so many posters in the speculation section of the forum is pretty obvious. So far there is not enough deployment facts, just the speculative news about what can be done and who is interested in Bitcoin. Such speculative fuel was behind the last two bubbles and may create the third one as well. But if we look for a stable rising trend, we need to have better adoption than so far. Without that, it is only speculation.