Yes this is possible and more than $50,000 will reach the price of Bitcoin, if China gets back on cryptocurrency and we all know how rich China are a lot of waiting investors on their country are waiting a perfect timing for entry. If that happens we will see Bitcoin to the moon.
I do agree, it is possible because when bitcoin bounce back soon it will be like much higher than the previous higher value of bitcoin . We will wait until this year ends . Keep holding if you have bitcoin in your wallet , don't sell at low price.