Top-down processing is defined as the development of pattern recognition through the use of contextual information.
At the time, the chief steward hadnât yet learned of the Titanicâs fate, so he wasnât even on the lookout for icebergs. He simply spotted a streak of red paint along the icebergâs base, which most likely meant a ship had collided with it in the last 12 hours.
So to answer your question, the iceberg isn't still there as in the original location of the titanic incident, but the iceberg is quite likely to still be out there somewhere... hunting to quell its unfathomable taste for boatsblood, which is what ships are made of.