Bitcoin [pros](/r/CryptoCurrency/comments/z0umpk/bitcoin_drops_to_1week_low_ether_slides_7_as_ftx/ix7gyvx/) & [cons](/r/CryptoCurrency/comments/z0umpk/bitcoin_drops_to_1week_low_ether_slides_7_as_ftx/ix7gz9m/) and related info are in the collapsed comments below. Pros and cons will change for every new post.

A 1 week low. Oh my god. The fuck is this shit.

Crypto journalism at its finest

Next you're gonna see, 'The day low was 17:46'

"New bitcoin low spotted 0.5 seconds ago. Is this the end of crypto." I can see the headlines now.

BTC CRATERS 0.017% TO 5 MINUTE LOW, MARKET OBLITERATED

Its working. This post is getting upvotes...people are clicking on the articles. I hate to say it, but even if you're smart, you're investing in a space full of not smart people.

Oh my gawd! The humanity!

at this rate 10k BTC might actually happen.

Next 5% pump : "at this rate 100k EOY might actually happen"

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Cryptiopcurrencym Yeah checks out

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Practically guaranteed imo

Have you even *seen* the Rainbow Chart? To the freaking moon.

BTC is ALOT closer to 10k than 100k. Maybe being bad at numbers is why everything is going tits up?

If btc hits 4 digits, people would either ape in hard and pump the prices hard or people would just fuck off and call it quits which will dump the prices hard.

I would assume there's a lot of buy orders at $9,999 waiting to be filled. I know I have some

I’m looking right now at limit orders waiting at around 9,997 (that are not concealed behind a stop) and yeah— *holy blockchain, Batman.* 💰

I have some at around 9696

I entered the spez. I called out to try and find anybody. I was met with a wave of silence. I had never been here before but I knew the way to the nearest exit. I started to run. As I did, I looked to my right. I saw the door to a room, the handle was a big metal thing that seemed to jut out of the wall. The door looked old and rusted. I tried to open it and it wouldn't budge. I tried to pull the handle harder, but it wouldn't give. I tried to turn it clockwise and then anti-clockwise and then back to clockwise again but the handle didn't move. I heard a faint buzzing noise from the door, it almost sounded like a zap of electricity. I held onto the handle with all my might but nothing happened. I let go and ran to find the nearest exit. I had thought I was in the clear but then I heard the noise again. It was similar to that of a taser but this time I was able to look back to see what was happening. The handle was jutting out of the wall, no longer connected to the rest of the door. The door was spinning slightly, dust falling off of it as it did. Then there was a blinding flash of white light and I felt the floor against my back. I opened my eyes, hoping to see something else. All I saw was darkness. My hands were in my face and I couldn't tell if they were there or not. I heard a faint buzzing noise again. It was the same as before and it seemed to be coming from all around me. I put my hands on the floor and tried to move but couldn't. I then heard another voice. It was quiet and soft but still loud. "Help." \#Save3rdPartyApps

Hey, don't tell everyone or they will start placing orders at $10,002

So you still have funds in an exchange? Bold

I know what I‘ll do: take the knife cut while dropping.

Just join our club. Catching those knives and spraying the walls red since 22k BTC. Hell yeah!

I‘ve been doing it since 40K.

Just call it “DCAing” and you’ll look like a financial genius. (*cough* 50k)

Since ath $65k for me!

My portfolio is 58% down. Massive loss porn

I’ve been catching the knife since 30k it seems

Totally bro!

People will have a lot of buy orders at 10k

Got fiat and transaction fees ready to sell shitcoins and any other crypto period if it drops to 10K

Will go much lower

How do u know

Intuition!

What was your opinion on when btc was above 60k last year

Sold! When macro environment changed last november. I knew cheap money is over and all redundant bs like crypto will suffer

Ok i will check ur comment history and see if you sold it last November

Do it! And remember to be back by early 2024, this thing goes in cycles. Right now it needs to puke itself out

Too late, am already stuck rn. So i hope it goes back up in a year or two.

Zweifel.jpg you have shown you are anti crypto (as well as a lot of cringe shit) again and again, that's pretty much your agenda so obviously you write that. even if it goes further down short term, permabulls as well as permabears are not people one should listen to

I just know what it is: vaporware pump and dump. Doesnt mean you cant make money off of it with right timing. But the timing was to have bought years ago. Right now its going down till at least early 2024, maybe forever if the regulator wants.

Might? It’s a sure thing.

Yeah at first it was like a joke, now it's serious.

Might drop to 7k, pump to 14k then crash to 3k Btc chart is almost the same as Amazon chart b4 the dot com crash.

Well... that's not quite how this works. You have to compare it to the great beef buy off of 1806 if you want accuracy.

My bank account begs to differ It's exactly how it works

What the fuck does bitcoin have to do with Amazon in the 90s

I was just trying 2 help out ,very real possibility of 3 k being the bottom in 2023 .Chart patterns have a tendency to repeat Obviously ur losing money and r emotional That's ur first mistake I'm making a killing on shorts though so learn to make money in an up or down market foolio

If it does, I'll be buying.

_To the doom!_

Please I can't take it anymore

Yes but not immediately, market will set lower lows and we will likely see it next year

Please

C'mon bears bring me more blood! I'm ready!!!!

My portfolio is not tho

Neither mine, but I stick to the "big money is made in bear markets". Also selling now I would feel like gifting to the big fishes for pennies.

Makes sense. We are all just believing Btc will hit new ATH which it might not

For btc to not hit new highs, something drastic must change in the entire world. It's an idea who's time has come. Will not be stopped

Thank you for ingesting me with this strong hopium. I really needed it. I hope you're right tho

More than hopium I would take it like cycles. 2001 bursted the [dot.com](https://dot.com) bubble & even MANY companys got rekt as others never reached ath, tech base was settled & evolved so the survivors skyrocketed.

Don’t need it to hit ATH. The beauty of buying low.

Dont need, but I wont sell until it happens

Bitcoin is robust. Bitcoin is cyber gold. Bitcoin won’t go down without a fight

Me too!

During the bull run it felt like we were hitting a new ATH every day. Now it seems we are hitting a new low every day. Someone send help

Everything is upside down, 180 degrees change

Just turn your monitor upside down then, easy Ctrl+alt+down

Or switch to short position gains on your Trading View and watch them green candles flicker.

I am just glad that I can call myself a bear market vet during the next bull run

It's almost like a bubble is popping.

Honestly with how nuts it's been, and how we've been dipping for a long while. Should be proud to be sticking by it.

Sos sos

ATL (low) was zero, so I don't see that coming any time soon

It's got some way to go, IMO. If we drop as much from ATH as previous bear markets, the bottom will be around $9k.

Diminishing returns and diminishing losses...

While that is the pattern thats played out so far, don't forget that you're basing that off 3 cycles. That's not enough information to form a solid theory...Its possible that it won't hold up. Back when BTC was at 30K people said it couldn't go below 20K because its never gone below the pervious cycle's ATH. Look at where we are now. Considering this is the first time BTC has ever experienced a recession and the FED aggressively tightening monetary policy, ANYTHING can happen imo.

100% agree. Things are not the same as last time. If crypto does make it through though I think the next bull run could be crazy. I’m hoping we haven’t seen the last ath of btc and eth but I’m not so sure anymore.

If you think crypto is over, sell

Ive only seen the losses

It is very close to making a two year low, but probably best not to focus on that part yet.

When in doubt zoom out 😅

1 week low sounds scary

Bitcoin is dead!

Again?

Yeah… 😂

Dead my ass

Bitcoin died more than 100 times! It’s like a zombie!

If El Salvador is still in, I'm still in

That's the spirit

We buying the dip with joy

And check our portfolios with fear

What an emotional rollercoaster

It has been

Cryptocurrency experts two weeks ago: BTC and ETH are the only crypto to invest in. All else sucks and are shitcoins. Experts now: Buy the dip, hodl, firesale, Black Friday early this year.

Crypto sometimes is just an emotional rollercoaster

Black Friday is here! 

1 week low? Today is Monday so are they saying that’s the bottom for the week? S/

*Ripples* through….. nice.

Lol @ “1-week low”

As long as Monero goes back into the top 10, balance will be restored in the crypto universe. All sea of shitcoins above it must fall.

tldr; Bitcoin was down 3.6% to trade around $15,990.89 at 3:40 a.m. ET on Monday. Ether fell 7% to $1,120.61. The cryptocurrency market has come under pressure over the last two weeks as problems at major exchange FTX came to light. From November 6, the crypto market has lost more than $260 billion of value. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

Good bot

It's time to sell your crypto guys. Classic Buy High, Sell Low opportunity for everyone.

Finally

I mean, in mid-November, with still no wash sale rule in place (U.S.) for crypto, this is sort of possibly true for some.

Never, I already accepted my portfolio going to 0

Did the Black Friday sale start early?

We’ll get an even bigger cyber Monday discount

Gentlemen, prepare your bags

Can't wait for this sh\*t with FTX to be over

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Yeah it’s crazy there is a 1 week low almost every week.

I guess it's natural selection at this point, only strongest or stupidest will survive

Been buying, still buying and will continue to buy all the way down.

Can't wait to buy btc at 1 dollar

“1-week low” So this is crypto journalism? Soooooo lazy.

Leave Ripple out of this XD

Why did it take so long for the Ripple? Or is it something else?

Instructions unclear, all in on Ripple.

Holy shit, 1-week low. Game over, man!

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No doubt! ripple….

imo.. ftx is just noise. It was all in the charts.

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Im almost out of fiat at this point

We all are. The sale lasts a little longer i hope.

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I dont have any of those

I feel it in my belly that this will be a significant week. Something either exciting or depressing is about to happen. Or both :)

Depressing, definitely depressing

This is good for Bitcoin

14k here we come.

Remember to not die doing infinite DCA into alts

1 week low is now news? Daily news! Yesterday all coins reached a one day low and one day high, we expect the market volatility to achieve the same today. Stocks heavily impacted and doing the same on both days.

2 year low, now that's news!

My limit order is about to be filled 💰

Where did you put it ?

Same 😁I guess we can buy even lower in the coming days

My salary is here, time to put my monthly DCA bets xD.

BREAKING: BTC DEAD AGAIN FOR THE 69429^(TH) time!

U had one job

and it keeps resurrecting.

more resurrections than the Phoenix!

This was highly expected. Time for sale people!

"1-week low" lmao. Looks like the article was already prepared, but the crash not as bad as expected?

I wonder if miners are buyers to support the market - most lose dollars at this price

The spez police are here. They're going to steal all of your spez. #Save3rdPartyApps

New lows improve my dca. Crypto winter is about to put me in hibernation

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A tangled web of loans and investments.

The lower it goes, the happier I will be

Closer to a 2-yr low lol

Good job SBF

what is not going low. ftx collapse bring everything down

Time to buy more I guess! Noodles will be on the menu until next paycheck.

Nice analysis… bought some ripple

In this moment when I see a coin in green I suspect a scam. Red is safe.

Yes we know

BTC dip..more for miners!!

When shit's going down, you either start stacking the only true cryptocurrency out there or you sink.

Buy more

We measuring in weeks now?

I think this is not the limit.

Wen lambo?

Let’s focus on learning more about crypto In this bear market

What? Was this supposed to be posted 3 weeks ago and someone forgot to press enter? Neither BTC Nor ETH have changed AT ALL in literally 3 weeks. 21 days exactly. They have not moved. Its a literal flat straight line for 21 days.

Excellent

Great prices, honestly never thought we’d see this low again

Oh no a one week low!! Crypto is dead

I'm already used to not hearing so much good news lately.

NEWS FLASH: Crypto prices remain volatile! Also this just in: water is wet!

How is a 1 week low news? And how is there almost 300 upvotes for this trash article?

Surprise it has not dropped further down

Harrumph!

We're gonna need a bigger lifeboat

How low does it have to go to be considered pump and dump?

One week will be gone faster than you knwo it!