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Last edited 2 months ago
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-3.4% pa
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#VBTC Chart Review
Added 2 months ago

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.

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