Definitely yes. In fact, right now the price is around $550 and still going strong. It's simply because of the halving that is coming up very soon. The halving could be the push that bitcoin needs.
$400 might be the new floor IMO, although it is unlikely it's going to crash any time soon.
$400 is the old floor. We will know in a few weeks if the $500 is the new floor. I think it will be the bottom of current trading range.