There are 2019sep03 updates:Question
What is the status of BlueZ, and where is the man page?
Answer
Yes, I could not find good documentation on BlueZ V5.50 installation.
My disappointing progress report on installing BlueZ V5.50.
I have just found a very detailed guide on how to install BlueZ V5.50 on Rpi's including Rpi4B. I hope to try it soon and then report my progress.
References
(1) Developer Study Guide: Deploying BlueZ v5.50 on Raspberry Pi Board (Including Rpi4B)