Bitcoin market finally exited the indecision status quo as bears took over amid the Asian session on Tuesday. The largest cryptocurrency had balanced around $36,000 in the wake of last week’s freefall from $39,000. Its upside had been limited under a confluence resistance formed by the 50 Simple Moving Average (SMA) and the 100 SMA The post Bitcoin Price Prediction: BTC dumps to $30,000 again as renowned analyst confirms impending bear cycle appeared first on Coingape.