Can BTC go down to <$5k again now?
I dont think so. I dont believe can go below $10k 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.
I see a lot of people writing from 20k, I don't understand where they got these numbers, I've seen that the market is behaving against the community.