Is $50,000 on its way for Bitcoin?

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
$50,000 is on its way if we do not break down below $44,000 over the course of the day. This is the 4 hour chart and that level needs to hold because the daily is showing bearish signs and for that time frame $38,000 needs to hold if we to resume the bull.