The qsphere is a way of representing multi-qubit states. So it could be used for 5 qubit states, but it could also be used for any other number.
It could also be used for just one qubit. But in this case it is important to note that the single qubit qsphere is not the same as the Bloch sphere, which is our standard way of representing single qubit states.
Instead, the qsphere is essentially a more visually appealing version of a histogram. It was introduced by IBM as a visualization for the Quantum Experience, but doesn't seem to be used so much by them any more.
To construct the qsphere of a state, you have to think of the histogram you'd get if you measure in the $|0 \rangle,|1 \rangle$ basis. For example, suppose I have a 4 qubit state that would give me the results
{'0000':0.5, '0101':0.25, '0011:'0.125, '0111':0.125}
Here the bit string 0000
comes out with probability $0.5$, and so on.
On the qsphere, this would be represented by four points: one for each of these non-zero probabilities. The latitude of the points depends on the number of 0
s and 1
s in the bit string. Our result that has all 0
s would be at the north pole. Our 0111
, with mostly 1
s, would be near the south pole. The two results 0101
and 0011
that we have in our example would be at the equator.
The probability is represented by the strength of the line. The two with probability of only $0.125$ would have quite faint lines. The one with probability $0.5$ would have a much thicker line. Those with $0.25$ would be somewhere in between.
So far, we have represented all aspects of the histogram, but have not included any phase information that the state might also have. This can be encoded using the colour of the points. The sphere then has all the information on the multi-qubit state.
To see why it is not the nicest visualization there is, imagine performing a Hadamard gate. This transforms latitude and longitude information into colour, and vice-versa. Despite being a simple gate, it would have a very complex effect.
But then again, what visualization of many qubits doesn't have its weaknesses? If it was easy to visualize them, it would be easy to simulate them. And then we'd have no need to build quantum computers.