Earlier this year, we were expecting price to reach @1000 or more. but it did not happen. So now in just 2 months how can bitcoin price can reach to $5000. I think if it reaches $800, it will be good.
Yes, expecting 5000$ is a bit too optimistic though it might reach that price in coming years for sure.
But, yes even 800$ is less, when we know the year's end is there so people would be buying a lot of bitcoins and hence the price is expected to go up and up only, maybe it could test around $1000 price levels too.