$5000 way to soon to speculate about this market price but 2017 am betting on it that we shall see 1btc fetching a handsome 1300 dollars no doubt it but first let's get to the $1000 mark
By the middle of 2017, I would not be surprised if the currency reached a value above $ 2000. Many of the projects in which some investors are working, among them development of new applications, are scheduled for the first few months of the next year, some other events may happen months later. So, I think it will not be long before we see Bitcoin rising to such levels.
To talk about a valuation of above $2000 you have to first break the $1000 barrier and the price is really having a difficulty to cross than barrier and it is evident when the price came closer a couple of times this week making me think that the price would blow the barrier out but then it came down as usual.It is really interesting to see how the price would be if it could cross the barrier.