I think the 50K bull market has not begun yet. We have not been in that silent period with very less volatility though currently volatility is decreasing. For example, When you starts your trekking, what would you experience? First you will travel through plains and then climb the hill and again down to plains and then another big hill and so on. Such that, we have just climbed the hill and now we are downsloping, we have not found that plains yet. Good news is that hills are getting smaller and smaller that means we are nearing the plains, and also we have to travel through that plains before we get another hill to climb up. So, I think 50K or may be 100k btc is still very far than we are expecting.
Why expecting to see that kind of price trend today? Why in a rush?
As you said there are lots of struggles around so why expecting that you may see some road to highest mountain now? Just go with the flow. If it will happened then it will happened. People are just in rush to see great price increase because some of them are still under the effect of 2017 hype where $50,000 to $100,000 price target should have reached this year or the following year.
There is always a chance but don't expect that it will happened within a short period of time. Again
"go with the flow" and trust the process.