The analyst, who has made a name for himself in recent months, was the subject of ridicule, especially during the October rise. But those who rejoiced too soon were disappointed and cryptocurrency The oracle was right again. The analyst, who has repeatedly drawn attention to the deterioration in the long-term structure, said that he expected a decline and pointed to below 100 thousand dollars. Today, he broke his silence after being proven right.
Cryptocurrency Oracle
The analyst with the pseudonym Roman Trading made a mark with his predictions, especially for the last 2 quarters of this year. Even amid the October rally, Bitcoin 
$105,106.73 Drawing attention to the deterioration of the long-term structure in the chart, the name predicted a decline. And he was right.
Roman Trading, which shared the chart below in its assessment today, says “the decline will continue”. His prediction is due to the deterioration in the HTF (weekly monthly period chart) chart, but the reason for the recent decline is Chinese with USA Tension flared up again between them.
“BTC H4 update: Almost reached the wick!
I still think it will fall further, the next important support is around 98 thousand. If an opportunity arises, I will look for short-term long positions there.
“For now HTF is still very bearish, so macro-wise I think it will fall even further over time.”
How much will Ethereum (ETH) drop to USD?
Volumes are weakening over the weekend and let’s take a look at the important levels for investors looking to evaluate a possible new shock decline. Since Trump, who said things about holding talks with China, did not escalate the tension, the news flow does not foresee a decline for now. However, if the government shutdown ends next week, inflation figures will be announced and since the consensus expectation for headline inflation is now, this may be priced in over the weekend.
Moreover, November 1 will be the decision day and today Trump said that he may impose retaliatory tariffs on China before November 1. All this seems enough for investors to be cautious. Well it just so happened that we saw a rapid decline How many dollars is Ether?
Lark Davis shared the chart above and explained the key level as follows;
“Ethereum
$3,731.70 here he retreats to an important area. The price is testing the weekly 20 EMA — perfectly aligned with horizontal support and the 0.382 Fib. Either this zone holds and pushes the price back up, or we start tracking the next decline towards 0.618.
“It’s decision time for ETH.”
Let’s see if ETH will drop to $2,777.
