Post
Topic
Board Speculation (Altcoins)
Re: Will Eth go below .05 BTC?
by
Mistafreeze
on 26/06/2021, 17:23:01 UTC
I see no stopping it. That’s the 200 MA on the daily.
Thoughts? Predictions?

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.