JoE

BTC headed back down to $7,000 due to yield farming stupidity

Short
JoE Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
DeFi as they say is the greatest scam ever in crypto history, even greater than the infamous BitConnect...

They promise you huge % amount in valueless coins term and in return people are supposed to 'LOCK IN' by buying their valueless coins/tokens

All of this non-sense will draw Bitcoin down significantly.

We just turned from HODL to SODL.
Comment:
$10,000 seems to be holding. It's possible that we don't go lower than that judging from the price action of it. $ETH crashing by itself is a good sign for $BTC
Comment:
We get a retest up to $11,200 from here.

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