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JoE
Sep 3, 2020 1:09 PM

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

Bitcoin / TetherUSBinance

Description

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.
Comments
UnknownUnicorn5829673
Stake On for Dear Life?
JoE
@w1g0, No, it means Sold Out for Dangerous L'imbécillité
UnknownUnicorn5829673
@JoE, the antipathy for #DeFi is mutual but not sure if BTC is going to take the hit...
JoE
@w1g0, I bet it will, in fact BTC will take a hit that is so fatal and even wick through 61.8%, I just got my bids ready for that.
UnknownUnicorn5829673
@JoE, That would leave you a great profit and we both know everything is possible in crypto! ;)
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