We all expect a dump but the price still rising.
A lot of users expected a dump at $25k, $30k then on $40k and now it will be at $50k but if the good news keeps coming I dont see a reason to go lower.
Everyone just want a huge correction so that they can fillup their portfolio, but it's just pumping as more and more institutional investment is done within this month. Also, there are some rumars that Apple might get into cryptocurrency by using a payment gateway. If that's happen and more institutioanl adoption is done, BTC's bullish trend will hit a new level and $100k won't be a dream anymore. Back to main topic, traders are now in profits who took their position at $27k price zone.