As you said, it could. I don't think it will happen. Millions and millions of dollars are invested in the cryptocurrencies world now, and the 'inexistent' value that bitcoin had now has materialized into these. Investors will never let bitcoin die.
And there are a large number of businesses running with bitcoin and more and more are coming to this field so it is confirmed that the use of bitcoin will be there and as it is confirmed that the use of bitcoin will be there so it is also confirmed that the users will increase with time which is the sign of the grow of bitcoin and this thing will let the investors to rush to this coin and sooner we will see a bigger boost in the price of bitcoin.
By the way the investors are already aware of this and they have their money ready to invest in it and they are waiting for the fine time which has started today and now you will see within this week or in the next week the price of bitcoin will be at much higher price and it will not take much time like the previous time.