Honestly, it was not really surprising and everyone is kinda expecting bitcoin to break the 50k$ mark in the market. A lot of big companies are interested in bitcoin and investing in it just like Tesla, Uber, etc. There are as well a lot of famous people and whales that are supporting bitcoin giving it a high demand in the market. Easily we could reach 100k$ in the market this 2021 and probably next month we could expect 60k$ already just because of so many good articles and news about bitcoin from last week.
I should be happy that we just broke a tremendous milestone, but I can't help but wonder how severe the next correction is going to be. Yes, institutional investors are bullish on Bitcoin more than ever, Elon Musk has boosted awareness of Bitcoin sky-high. But aside from those kind of big-shot investors driving the price up all the way, they might've prevented a healthy price correction that could've rendered higher price grounds to be more sustainable. It just feels like we are treading on thin ice right now, and a bloodbath seems, at least to me, inevitable.