I agree with you that bitcoin is heading towards $50,000 per bitcoin. The reason being that , after the pull back to test $31,000 few days ago. Bitcoin started a brand new upward movement in chich if you apply elliott wave principle, bitcoin has formed wave 1 & 2 and is on the verge to form wave 3 which is usually elongated. when such happen it will help to make the trend and continue its all time high