Cryptocurrency analyst Captain Faibik has forecasted a potential drop in Bitcoin's price to $50,000, representing a 60% decline from its current levels. The prediction is based on a chart shared on X, indicating a bearish trend as Bitcoin remains in an ascending wedge pattern with diminishing momentum. The analyst also pointed to ongoing trade tensions between the U.S. and China as a factor contributing to the recent price decline. Other analysts, including Titan of Crypto and CrediBULL Crypto, have echoed similar cautious or bearish sentiments, suggesting the market may not have reached its peak yet.