Yes there is a demand area around 5000, however that won't happen imo. That is more of the FUD. People that got into BTC late and are down are very much looking to get out of it right now. And 5000 is a lot more attractive price to enter in. But again I think it's just FUD to help the public dump all their holdings (BTC) in the 8000 range. This is the time everyone should be buying. Probably one of our last opportunities to get into BTC at under 9k.
Good luck. Happy trading.