Maybe, it is on the way up again. Maybe being pumped before the 2x split, but then again it maybe organic.
Last hard fork the price actually went up much to many's surprise so who knows lol.
You can never predict bitcoin :]
There is still room to make $5000 happen. I personally believed this is due to the Segwit2x implementation. Everyone wants get free Bitcoin Gold similar to what takes places on the Bitcoin Cash incident. People rush to buy bitcoin before the actual date of the split. That day alone, bitcoin price increase by 100$. And since the looming Segwit2x is still a couple of days, $5000 is possible. So let's wait a few more days before we can officially say that a new ATH has been touch once again.

. And yes, predicting bitcoin price is really hard and difficult because its very unstable.