Bitcoin is hovering just above $46,000. With many short-term sell indications, the homestretch to $50,000 is close but difficult to attain. The bulls' position in the market will be cemented if the market closes above $48,000 on a daily basis. FOMO will very certainly drive the price higher, confirming a massive swing toward $60,000 for Bitcoin. The rise to $60,000 will be determined by BTC's investor appeal and risk appetite.