But I think that could happen as we see bitcoin price can now increase to $53k although the price is down for a little. But I am sure that the bitcoin price will increase more and hopefully, the price can reach $60k soon. It is good to see bitcoin become strong after what happened to bitcoin a few weeks ago.
and the 50K target is bitcoin's target to approach ATH yesterday at the right time and will continue to rise to 80K or more towards the end of the year, this is just my prediction which is not necessarily true and but I'm very optimistic it will happen that way.
The willingness to put investment also helps to carry the current price, it's more on pushing the market since there are people who really see the big potentials.
Without any major negative issue/news, this upward movement will continue and chances to surpass the last time high will be there.