Well though it is too much to expect yet it is not Impossible to come right? price will continuously moving , we are now again in falling market because bitcoin seems to be staying at below 23k again.
it may be hard to reach 50k but still not impossible to happen.
and also what are we afraid to happen when the thing here is that what we would contribute for the price to reach?
Whether we like it or not, some people never understand the nature of the market because what they want is to make money easily. That is why we can see people blaming Bitcoin for their losses but the truth is that they can't afford to wait and sell their Bitcoin at a lower price.
This bear season can't be done too easily or too fast, and I even think that this will continue until December or might be next year, who knows right? I'd look not only for the price but instead, I'd look how the market sustain and survive from FUDs.
Industry experts claiming that this bear market will last for 2-3 months max. By the end of this year we might see Bitcoins reaching 50k usd again. This is just an estimation and predictions, and to be honest I am also tired of seeing so many predictions.
Regarding the panic selling thing, yes i too agree on that fact that people don’t understand the market and panic sell their hard earned Bitcoins.
Nevertheless let’s see what happens next, and at least hope that Bitcoins should cross 30k usd by end of September.