I think the market will face a lot of difficulties if Bitcoin returns to the $ 5000 price level, which is a very low price for Bitcoin. The market will be very bad, all altcoins will be affected when Bitcoin returns $ 5000, the price of altcoin will be very low, some shitcoin will die.
Why should we be worried at 5000? Or have we forgot that we were almost at $3000 in the same year, and also at the low of last year? The market survived after that, right? And even improved a lot since those times.
Shitcoins should die,,, alt devs and scam projects deserve to die. We should let them all be killed off.
That's right, there's no need to worry about bitcoin if it drops at 5k. precisely if it happens, we can see how much altcoin and erc20 can survive in such critical conditions, the positive side is to clean up shitcoin and scam projects.