If bitcoin price falls down to 5k it can not recover for a couple of years. I do not think such thing will happen because this would be catastrophe not only for bitcoin but also all of the altcoins. There are great projects around and I can not believe all will suffer.
Exactly this.
Altcoins won't let bitcoin to drop. It's all connected. And by the way the majority of predictions say that it shouldn't go down this year.