50k $ is too high before the end of this year so far to reach the price of a bitcoin because if this happens, many people will now hold bitcoin and earn big money.
I think in the world of bitcoin trading, everything is possible, because crypto holders really try to raise the value of the currency, but to get a price of $ 50,000, I think it's still difficult, maybe very much, if there are big events like the Olympics, maybe the price can increased in large numbers, because with so much potential competition to bet, it is possible for gamblers who will bet will definitely need a fast and safe exchange tool that is not detected by law enforcement, and bitcoin is definitely the right choice because indirect needs will increase the value bitcoin currency.
Thats a terribly bad idea, and big events like Olympics? How on earth would that make an impact to the crypto market?
There are numbers of major factor that causes the capitalization to move, whether it increase or decrease. Its true that everyone wants Bitcoin price to always increase, but that is not the nature of Bitcoin and cryptocurrency, and that alone could not make Bitcoin reach the target mark that you expected , because there are these whales, regulations, and manipulations that is more powerful than everyone's speculations.