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.