Bitcoin is now considered by the government as a property, not an income . This is the reason why they want to put taxes. I guess it is fair enough for those who earned hundreds of thousands here in the crypto world. But for those who are just starting to earn, the government should not. Still, I am in favor of the taxation. But the government should also consider the status of the bitcoin's market price.
Sounds ironic for you because in general, you don't really like taxation but there is nothing we can do and we should pay the Bitcoin taxes according to the regulation policy. Anyway, Bitcoin tax will always depend of your Bitcoin income not thru bearish and bullish market so rest assured that if you will earn less during this bearish then expect a small portion of your tax too for the government.