Stop with this no lower than X bullshit. When prices were in the 800 range, people were claiming that it would never go below 600 again. Nobody really knows.
Concur - any speculation is just pure speculation, as I've stated many times trying to theorise human nature is impossible. Sure you can base value of S/D curves but what drives those curves is still human thought/fear/hope which can't actually be measured/quantified nor used to predict these fluctuations in S/D.