Agree. Prices won't reflect Bitcoin's death anytime soon. What really determines Bitcoin's death is if lacks a strong network. As far as I know, Bitcoin has a lot of nodes and miner hashrate in existence. So, despite the FUD coming from mainstream media, Bitcoin is not dead and will survive for many years to come.
Of course, we cannot ignore Bitcoin's decline in terms of USD value since it presents a huge opportunity to grab a stake of coins at a cheaper price to profit in the future. With the upcoming improvements for Bitcoin, and more decentralized exchanges appearing in crypto land, there will be an uptick in price soon. Even if governments from around the world start to make a crackdown on cryptocurrrency exchanges (centralized ones), Bitcoin will still survive and perhaps become traded in other ways. People from countries that have decided to ban cryptocurrencies (like China) will eventually trade fiat to Bitcoin in a peer-to-peer fashion without using any exchange. Person to person transactions would be the solution for this, and Bitcoin will become stronger as time passes by.
Nevertheless, while some altcoins may become dead soon (due to lack of development, and support) Bitcoin will remain in crypto land for the long term. It'll be hard to take down Bitcoin given the strong network support it has. Just my thoughts