I respect your opinion but 2020 is too much time for Bitcoin to reach $5K mark, I believe that bitcoin will reach $5K in next year itself and in the year 2020, the price is not going to be anywhere below $20K. Yes, this is my personal opinion and might be completely wrong. I agree with you that crypto market is sensitive at this moment and I think the reason is that, it is not yet established and there is a lack of awareness among the users. Recent price fall under pressure of 1 Aug event clearly highlighted that aspect but still, I am optimistic about the average maturity of crypto user will be much higher than that of today.
Agree, we have seen the jump of bitcoin from $1k to $2k and it just need a few month, even now it price already close to $3k, I think bitcoin will reach $5k next year in first semester , and it is true that the user who makes the market very sensitive right now, 1 August news and a different opinion among the users who do BUY or SELL everytime they see the market growing up or down (active trader).