I came across this news on CNBC where standard chartered bank claims that bitcoin will reach 5000$. Being a bank, this can be their wish and not a reality. Banks do not want bitcoin to become popular and therefore they spread this negative information so people panic sell and do not adopt bitcoin.

You're using inappropriate words here, the article only said it could drop to $5,000, not it will reach $5,000!
They only say Bitcoin is possible to go down as $5,000 but they're not sure 100% Bitcoin will drop to $5,000! I think it's possible since the last crash Bitcoin drop to $3,000 and no one ever predict Bitcoin would drop at such price! also since the global recession will happen in the next year, I wouldn't surprised if it's come true. The important thing is be ready what anything be happen, keep buy the dip!