Bitcoin Forum

I see no stopping it. That’s the 200 MA on the daily.
Thoughts? Predictions?

The value of eth now is 0.057 btc so if this market will continue the same way for sure ethereum will fluctuate more below.. But as usual a temporary situation and will not go further... If you are a ETH believer i suggest to buy when it reached the dip because it's always have a chance to rocketed as bitcoin keep struggling.. Yes that's true and sometimes it happen, and indeed ETH were very promising as well like bitcoin so you better make investment while at the dip because it is always have possibility as long bitcoin still making negative results. Because it ETH sometimes make an opposite direction.

at least ETH will vouch for you in the future because however now see the price is quite a big correction first. as many people estimate who else will be the successor of Btc if not Eth.
and this situation is still very reasonable, we can wait for the moment to buy at the dip point which is estimated to be below 0.05 Btc.

If the value of Bitcoin drops then surely the value of all cryptos including ethereum will drop for sure but if we calculate the value of eth against BTC there won't be much difference if the price drop is parallel to the bitcoin.

Technical analysis are not going to be 100% accurate so don't simply make any decisions based on that.

Very possible considering the current situation of Bitcoin that dragging all the crypto down. ETH price highly depends on Bitcoin and BTC is on the verge of breaking its strong support. I believe ETH will hit around 0.04BTC this year before it bounce back again to new ATH.

Well, bitcoin continues to drag all coins down and ETH is slowly approaching 0.05 will this happen anytime soon? I think even when there is a recovery it will not increase immediately but the same decline will occur again and continue to be repeated with the same resistance, but in your opinion with 0.05 below is it right to buy ETH? Before it peaks, but I still have a different view when it's bearish and the price is far from ATH then it will be very difficult to return in time and I also don't guarantee there will be new ATH again this year.

Ether might appreciate against bitcoin if bitcoin keep trading sideways!  But in the event that this happened,  the gain against bitcoin will be short-lived.  I think there will still be more lower price on bitcoin and that will by extension affect ether as well. Ether trader should just get ready to scoop lower ether prices!

Just always include the answer into 'possible' most of the time. The market is unpredictable and we cannot see what's the accurate one to come. But to sum up that there's always the possibility that the price of ETH can go below that price you've given, you're prepared if you're always thinking like that.
And if it won't happen then that's better.

it's possible. There are lots of short positions in bitcoin and this may make people got scared and they will be converting their ethereum to the bitcoin. There are some articles that said if bitcoin could become the safest way to keep our money. once the dominance of bitcoin will be going back again and then ethereum will be losing its price in the bitcoin value.
We are very close with 0.05 and we may go down below it as soon as possible.

maybe not only ether that will have an impact but all alt will also be affected because the value of bitcoin can drop drastically. but right now it's true if you really want to buy and invest, because prices are all going down right now. The opportunity may end if it is not done soon. because we know that by the end of the year, there is still chance for bitcoin to experience an increase in the effects of the halving that have not been seen until now.

I think Ethereum will be strong above 0.05 BTC, because the support price is in the range of 0.05 to 0.06,
and this level is an accumulation level, look at the correction in 2018,
the Ethereum price went to 0.055 BTC then bounced and bulls reached 0.08 BTC,
of course I still believe that this year's bullishness hasn't finished yet.

Almost we have reached the bottom in many digital currencies, so unless there is a change in prices, I do not expect that we will witness levels for Bitcoin or the rest of the altcoins and therefore this percentage will be maintained unless an event occurs such as that fees increase significantly or one of the networks provides cheaper fees much.

Bitcoin is also a little low.

Using your market analysis with market structure, you'll see that price is falling in a lower low and lower high manner which shows that, there is more possibility of price going below 0.5btc without stress. Although the market is still going to go up in a ranging pattern before continuing it next direction.
No one knows the real direction of the market currently or what will happen in the nearest future, this is why all we do as a trader is to analyze the market based on previous reaction of price in order to tell the possible movement that will occur in the future i.e it can be in the next moment. Everything is based on your risk management in case your analysis is wrong.

On a down trend like this, every possible dip can happen and we might see ETH goes below $1500 again if ETH failed to hold on those support level. The market is still down, though the price of Bitcoin was able to recover, some altcoins are not so expect a more volatile price, and ETH might also join the down trend of many altcoins, brace for the impact.

Last time during the bull run when it breaks the wall we are saying that it has no ceiling, now that the market is bearish and everything is dumping, I would say, anything could happen, and it could dump even lower than our expectation, and yes it could go below .05 BTC.

All possibilities can happen in the crypto world, if the decline in BTC prices continues this will make all altcoins continue to decline including ETH.

I am yet to see this market situation as completely bearish even though he had a good correction from its all time high valuation but i would say that the rally happened from its previous all time high to the present all time high in a short period of time and the market is consolidating before we see another rally.

There is a possibility the traders would dump the alts and jump into Bitcoin if there is a rally once again in the next few months.

Eth will keep that strong momentum which currently following btc's journey along bear and bull battle. Right now it needs our strong dedication before reaching the best price to earn our profit. Below 0.05 depends on how the market fluctuations went through as we all experience unpredictable market these days.

Even if ETH is a good coin, there’s a chance to go down that much and that’s around $1,500.00 if I’m not mistaken. The bear market seems to stay on this bear trend and I’m expecting a more cheaper coins that’s the best time to buy. Don’t worry that much because ETH is a good coin and you can hold it until the market able to go to a bull market again.

But this is what Ethereum moving these days mate

https://coinmarketcap.com/currencies/ethereum/

dropping to below 2k usd , 1,800 $ specifically so how could this can prevent the fall?

at this moment its 0.056 bitcoin is the value meaning there are only small fraction for this to come true.


nope it is not 1,500 this will depend on bitcoin price but specifically this time it can be at least 1,700$.

My personal guess is that many coins have bottomed out after the market sold off.
Although very optimistic with the current situation of the market because I think there will be a strong recovery in the near term.

I think there's no reason for it not to, with the current trend that we have now, it's almost as if it's headed there. It's the bear market currently and all of the coins are mostly done by now. I hope it would rise above again but this could be a downtrend in the long term (with the current situation). This could definitely change once the market has recovered during this year.

Yes, I'm still bullish this year and it could reach higher again and beat the ATH.

0.05 BTC is a strong support I don't think it would go lower than that price right now it's around 0.056 BTC and I think if the Bitcoin would break and go to $40,000 the Ethereum to BTC price would be off a little bit and will catch up and pump, that's what I thought based from what happened before.

I hope Eth will not go down below 0.05 btc but ethereum will depend on how bitcoin will move later. If bitcoin still goes down, perhaps, that can impact ethereum to go down, and we don't know how deep the price will go down. Perhaps, that can go down for below 0.05 btc but hopefully, the price can hold not go down. These bearish trend can make bitcoin and altcoin go any lower price and we already saw that bitcoin itself getting flash dump to $28k but fortunately, bitcoin price can bounce to the high price. So we need to wait and see and if you think that the price can get down for more, you can prepare to buy more ethereum at a lower price.

if the price of bitcoin continues to decline, I'm pretty sure the price of ethereum will drop below that price. however, the current conditions are still very possible to make it happen. Yeah, but I hope that doesn't happen. That's because I feel that our current situation is still in a bear market. but, if the price of ethereum is below 0.02 BTC again, I might collect it again

At the moment I think it can be said that the market conditions are bearish,
so almost all coins have decreased and I hope the bullishness can happen soon even though looking at the current conditions it doesn't seem easy,
The most important thing for now is to monitor the progress so you don't miss the information

I don't think that ETH will go below 0.05 BTC, even the current situation of the market are kinda bearish,
ETH still have a big chance to bounce back, i think if ETH gonna release ETH 2.0, ETH won't go down below 0.05 BTC,
that's what i'm hoping for

The price of altcoin increases based on the price of bitcoin ethereum has come down a lot to reduce the price of bitcoin. But eth will go down 05 BTC will not prices are rising again according to the current situation of the market don't be discouraged if you have to control your emotions the bull run will continue in the market and investors will keep on investing.

Still fighting mate and look at it now https://coinmarketcap.com/currencies/ethereum/markets/  staying strong and climbing at least 5% this 24 hours cycle.


Maybe there are no chance that Etheruem will fall that low and now because the market is now at recovery stage .

Bitcoin is increasing then surely Ethereum will follow soon.

Lol this talks about Ethereum and not for any coins , the thread is simply asking about ETH.

Hopefully, the price will increase and back to $3k. But before the price can back to that price, it will be like this, up and down many times. Ethereum can be a long-term investment, but perhaps, you can sell some ethereum after the price hits the next highest price again, so you can wait for the other time to buy ethereum at a low price. The price now can back to $2k, and there is a chance to break $2,100 if we check on the daily movements, but we need to wait and prepare to sell at that price.

Ethereum turned out to have a very strong support at the level of 0.055, from which the price after the repeated test pushed off and rushed up. If the bull run continues, the price of ETH can easily double in the near future, without waiting for Ethereum-2.0 In any case, buying ETH will be an excellent investment for the hold.

I don't think so it would go down below 0.05 btc for now, because recently the price is at 0.06 btc which is heading upward. If there's a chance for crash, that depends also with btc price variations. Ethereum was still catching up while bear market is taking more attempts to drag down the price of both currency.

Ethereum and bitcoin has been always next to each other with bitcoin always leading the way and even though the gap never became so close, what ETH did was undeniably uncomparable and amazing. Managing to stay next to the top crypto up until now is something a successful coin could do so it is already guaranteed that it will be able to survive in the future together with bitcoin. I think ETH is on a good run for the past months and it could be possible that it will reach .05 BTC in no time so just keep on believing and diverse some of your investment in ETH too!

But we really do not know if ethereum will not go down below 0.05 btc because if the bitcoin price is still down this time, then I guess ethereum can follow down. If ethereum can break 0.07 btc, it will be a good sign for us to see that ethereum will still increase. But everything will depend on how the bitcoin price will move because if bitcoin is not moving to the high price, and it seems, ethereum price needs to wait for more. It seems the ethereum price moves to the high price for daily movements, but we need to be careful.

So, before any analysis, what do you feel about ETH? What do you notice these days regarding the use of ETH and even thoughts of store of value? If you can identify this, there's no need to worry about the 0.05 BTC price tag. ETH is a very solid project, I don't particularly know how people are using it and even creating expectations, but after BTC if I had to choose a store of value, ETH would be among the options despite the supply.

For me personally, it is now very difficult to make predictions as the situation in the crypto market is constantly changing. However, I still adhere to the plan that by the end of 2021 the crypto market may be in a flat with small price changes, but at the end of 2021 we may see another stage of growth. This is just my vision and hope, but how it really will be we will soon see.

The market trend could change in any direction. Most of the time the price of ethereum used to grow along with bitcoin. If something unexpected happens there is chance of Market crash with ethereum against bitcoin. We can't make exact price predictions, but I personally believe there is more chance for it over the falling months when the market starts to move independent out from the manipulation by Whales according to their need.

Eth is still a cryptocurrency. Though the progress when in terms of the price from last year definitely have a smooth bullish momentum until now but bear in mind that sideways, sudden dump always happens. Its just that we dont know "when" that dump gonna happen.

Well, ethereum has strong hold for the bullish price and with all of the progress of eth's blockchain contracts, etc I believe it will take time to make it below that price.

I really think there is no reason why not. At current trend what we have now - bear market currently. Most of coins price dropped. I expect market recovering in q4 2021. Hard to speculate as always but for me last few months of this year should bring better period.

But it climbs more than 0.006 btc now once more and an increase of 14% in the last 7 days

https://coinmarketcap.com/currencies/ethereum/

meaning this coin is really making its way up once more while Bitcoin is still struggling back.

so for me , if ever there is a chance falling to 0.005? this must happen in 3rd quarter and 4th will be the bullish once again.

I see a lot of positive predictions that will happen in Q4 this year...

btw, the ethereum fee is cheaper than a few months ago, I feel positive about ethereum. I'm sure the price will go up again when the Bitcoin price is bullish. Let's take a look at the market surprises at the end of this year ;D

ETH has remained in a moment of rise and possible laterality, it goes without saying that any movement of BTC causes ETH to react and move up or down depending on the movement of BTC:

https://i.imgur.com/Kf3TB52.png
Source: https://cointelegraph.com/news/price-analysis-7-6-btc-eth-bnb-ada-doge-xrp-dot-uni-bch-ltc (https://cointelegraph.com/news/price-analysis-7-6-btc-eth-bnb-ada-doge-xrp-dot-uni-bch-ltc)

Although BTC had a recovery, it is at a price level that is still very susceptible, this affects the price of ETH, however many expect BTC to reach $ 40k and ETH to reach $ 3k again.

Mashinsky the Celsius CEO actually thinks that ETH will flip BTC. IF you wanna watch it, its in Kitco Video (https://www.youtube.com/watch?v=1qyFUxxVQVU) title Predicting ETH-BTC Flippening!  There are big investors of ETH which they are also telling banks allows ETH2 Staking already.

But of course, many of us will doubt this will happen. If I were to look at it, its more like a fud that will grab our BTC if you tend to believe and sell your BTC.