Lowering to $1000 needs a catastrophe I think. The hardfork being worse than expected or a very big exchange getting hacked. Other than that, I do not see it returning to that price again.
We might see that happening this August,things are not that smooth and hard fork could split the coins and that might drive the market down,lets hope for the best and i really do not want to see the price going that far but i will be glad to purchase the coins once everything is settled.