Get Free Lifetime Access!

Ditch the monthly payments and get free access to Cryptocademy for life. 

Issue 25 – How Low Can VET Go?

Many of you started following me on Twitter for VeChain updates, so I thought I’d dedicate today’s issue to VET.

More specifically, I want to discuss how low VETUSD can go based on its relationship with Bitcoin.

As I’ve said many times recently, you must plan for every outcome, especially now. One of those scenarios should include a $20,000 Bitcoin. It may sound outrageous to some, but it’s not that far-fetched.

If BTC retests $20,000, where would that put VET? What about a $25,000 BTC?

Those are the questions I’m answering today, along with where I think VETUSD goes in the event we’re dealing with lengthening cycles.

Let’s start!

Bitcoin is (Still) King

There’s no denying that the crypto market hinges on Bitcoin.

BTC dominance has trended lower for years, but it’s still the king of crypto and, as such, deserves our attention.

One way to determine where VET and other alts could end up is to look at where they’ve been relative to BTCUSD.

Let’s start with the Bitcoin chart.

This is a members-only issue. Join today to get access to the full post, charts, and watch the video.

Members receive one new issue every weekday

Join and pay monthly

Join and pay yearly (save 20%)

Already a paying member? Sign in

Trading Tools & Resources

The links below are affiliate links. Meaning that at no additional cost to you, I will earn a commission if you click through and sign up.

Bybit - My preferred exchange for trading crypto. Over 100 tradable assets, super competitive spreads, and the best mobile trading platform I've ever used. Use the link below to get FREE lifetime access to Cryptocademy!

iTrustCapital - Where I invest in crypto for my retirement account. These are self-directed IRAs where you can invest in dozens of crypto assets and even gold and silver. Right now they're offering $100 in BTC when you fund an account with at least $1,000. Use the link below to claim this offer. 

TraderSync - The crypto trading journal I use and trust. Enter trades manually or import from dozens of brokers/exchanges, including Bybit! Track your win rate, average return, profit factor and identify mistakes to improve your trading. 

Justin T Bennett

Follow me on Twitter:

About the Author

I'm Justin Bennett, a currency trader turned crypto enthusiast.

My journey started with stocks in 2002. After limited success, I transitioned to currencies in 2007, which later became a full time trading gig.

The journey continued, and in 2020, I committed to learning about cryptocurrencies. It was love at first sight. is the culmination of my love for cryptocurrencies, my passion for financial markets, and desire to learn and teach.

{"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}