To me is clear that the cause for this dump is the civil fork war happening in the USB between the SSD and the VGA factions.
The OP is spot on, the price will go up only once operation honeypot will be over.
I do not think that such factor can effet bitcoin price, to me I do not think that it is going to happen, bitcoin will never comes to an end, bitcoin is in fact the future of all the crypto currencies and therefore I it is expected that bitcoin will survive for a long long time.