After #ETH / #BTC broke down in 2016 and 2019, the bottom was in after ETH/BTC got back above its 50D SMA.$BTC
Currently, the 50D SMA is 0.04255.
ETH/BTC also backtesting the breakdown point.
So as long as ETH/BTC is < 50D SMA, it is still possible for ETH/BTC to go lower.
But once the 50D SMA is surpassed, I think it is more likely than not that the bottom would be in.
