In April, eth is likely to be more expensive than in March. But before that, it can fall to 200.
I highly doubt it's gonna touch $200, i'd say the lowest we can get is $300 or at least I hope so. This bear market might last a bit longer but hopefully the price will stabilize and not fall down much more than we are at right now.
It's very easy for Ethereum to get down to $200 per coin.There is a lot of people dumping Ethereum for Bitcoin.
For sure people will sell their ETH to get more BTC, but doing so will boost BTC value. If that happens ETH will lose BTC value and might go down even to 0.03btc but that doesn't necessarily mean that ETH will lose $ value too.
But they're selling Bitcoin for fiat too. All those ICOs that raised thousands of ETH worth millions of dollars, they have to cash out at some point, if they haven't done so already. Especially if they need to pay rent and salaries. This wouldn't be so bad if we had a more mature crypto economy, where you can pay energy, food, rent and salaries with cryptocurrencies.