I believe yes. $50,000 is below our current all-time high. So it is really possible. I am expecting a new all-time high before the next Bitcoin block halving, or the year after the Bitcoin block halving.
I'm glad to see some realistic price target these days, which I am more convinced.
If 2025 is a bull market, not bear market, Bitcoin price will be higher than $50,000 because if history won't lose its rhythm, Bitcoin will make a new all time high for 2024 and 2025 bull run after 2024 halving. So making a new all time high means it will blast off from $70,000 that is clearly higher than $50,000 as the target price here.
However, in 2022 and 2023 bear market, Bitcoin has a first ever time in its history, to fall below all time high of previous cycle (2017 - 2018) and drop below $20,000. So if it repeats again, I think in 2026 and 2027 bear market, it is still very possible to see Bitcoin falls to under $69,000 and maybe $50,000 will be touched.
Anyway it is all personal thinking and even not my projection.