As it has been seen on the history of bitcoin anything can happen or it can even go back at $1,000. Fees are crazy and confirmation are very slow when you'll not pay the right fee and many aren't willing to pay $25 fee for a $20 transaction.

Yes definitely, anything is possible. It can go down lower than to $5,000 but also expect the unexpected that it can also pump to the price that we haven't seen before.