But I don't think Bitcoin would break the $50K zone so quickly. It's taking time to get investment from potential Big investors. At least I am unaware of any recent big investment, especially from institutions. This pumps just because of a few positives news of Bitcoin adaption.
Over the last few months, most traders and holders have been facing bearish conditions. Most people say the market is very bearish, but I do not see any bearish signal in the market. Some nonsense ELON FUD made a dump and after that everything is going smoothly. On the contrary, the market has been behaving very bullish for the last few months. Every month it is making new Higher-High. So those who are extremely bearish are actually promoting ELON FUD to buy Bitcoin at a lower price, nothing else.