Bitcoin's back to $49k, will it break $50k? 
It's not permanent , in any time price could fall down . Starting of month 10% increase not a big deal but I think the news update just the headline of the news, it was jerome powell who said "they will not ban crypto". i guess the investors thought they are guaranteed that's why the price pump .
It's for sure that the price increases aren't permanent. But looking at these gains, they're becoming more stable and unlikely to fall to the worst predictions and prices that it might go below $20k. A lot of reasons why it had rose and seeing it rise is already a big deal. It's a common thing that we see usually happen to bitcoin through its volatility but this is a win if you've seen it below the current price.