It's certainly possible, but I wouldn't bet on it. I'm doubting we'll ever fall below our previous ATH of $266. Next time we really cross $1000 good, may very well be the last time we see triple digits.
I agree except I think 266 is too low.
Historically, it bottoms out at about twice the previous ATH.
e.g. 30 -> 2, 266 -> 50, 1242 -> 550
But these figures do not represent an event if there is a major bad news about Bitcoins all over the press. This theory will fail in that case, since most hands will then start panic selling if in any way a news challenges the future of Bitcoin.