Bitcoin and the cryptocurrency market dump massively amid rumors of increase in taxes on capital gains. Bitcoin slides under $50,000 as buyers struggle to secure formidable support level. The short-term technical picture appears extremely bearish as more declines linger. Bitcoin price had displayed incredible recovery signs on Thursday, with investors eyeing liftoff to $60,000. However, The post Bitcoin Price Prediction: BTC bloodshed as bulls lose $50,000 support, where to next? appeared first on Coingape.