Can BTC go down to <$5k again now?
I dont think so. I dont believe can go below $10 ever again. Most likely it will also stay above $20k. Or at least if will somehow fall below $20k it will retrace back extremely fast. Impossible to buy unless you will have buy orders set at that price.
With the current Bitcoin double spend issue then i doubt that this will really be affecting the current price but somehow it did able to avoid the worst possible scenario or we are just starting up?
There are lots of strong support levels in 30k and 20k+ prices and im that confident that it cant be possibly be broken out but lets still be aware on possible changes of course of action depending on the situation.
Price is always unpredictable and it can crash anytime but its hard to believe that we would really be seeing an another 2017-2018 event.