noob here. BTC has been trading sideways for 3 months now; after the elon tweet, its' struggling to get above 50K.
Is their another run up or have we peaked alreay?
Those 3 months were not a "sideways" movement. From March up to May, Bitcoin has been gradually increasing. Though there are always a market correction from time to time after a good bounce, which is more likely what's happening with Btc's price today.
Nobody could really give you a definite answer, because nobody knows what figure Bitcoin would peak before the bear takes over the market.