Discl: Not Held, but very interested ...
Had a quick look at the VBTC chart after chatting briefly to a friend.
- Was previously looking at around ~$25-$26 where there looked like decent support
- But then it fell off the cliff, and is now hovering around $20
- Next support levels are $19.35, then $17.97, then the all-time low of $16.32
This starts to make VBTC very interesting indeed for a 1.0 to 1.5% position, as the downside risk continue to fall as the price falls.
If I opened a position, would probably buy around $20, then nibble on down days as it drifts lower.
