I agree that Bitcoins won't descend down to any less price that 5000 because the lowest threshold it can go is the 5800 USD. Bitcoins is going to end the year with a bull run and a price of not less than 10,000 USD.
I hope that bull trend has started and now the market is expected to remain bullish for a long long time. I do not think that the price will dump any more, in fact now people have started investing in bitcoin and hope that it will result to a good market cap.
For me, I still have the feeling bitcoin will fall down again in September. Recovery too strong in the past also made me a little nervous because the script is very similar to June. I hope that I Wrong because I also want the bitcoin to end in 2018 with the lowest price of 5800$
This is not the right prediction to have a lower value than the current low value in the upcoming September as we all do not know what will exactly happen. Always hope for good and be optimistic about the future due to the unpredictable actions of Bitcoins value it is hard to know about its future value. Most important strategy we should always follow is to have a grasp in low market so as to get large quantity coins.