How realistic do you think such a scenario is?
Imho it's not realistic, the price has already fallen a lot and there seem to be buyers very happy with the current price levels.
Plus the historic cycles would tell that we're getting out of time for the chance to get much lower with the price.
Of course, the recession is a factor we didn't have in the previous cycles, and this can do bad. Plus, noting is actually impossible. The fact I don't expect that it doesn't mean it cannot or won't happen. Time will tell.