it easily might happen as the price of the bitcoin is not stable at all and it always goes up and down though i hope that it will go only up from now
We are close of the 400$ mark now at 433$
I think the economic events that will unfold in 2016 will spike up the price of bitcoins to thousands of dollars
I don't consider the $430 level to be close to $400. It may look like there isn't much space between $400-$430, but just look at the support around the $400 level. People will make sure it won't fall below that.
A big whale can push the price below $400 briefly, but it will go back sooner or later. The value is there.