BREAKING
41d 14h ago

Bitcoin and Ethereum May Benefit as Funds Rotate From Precious Metals, Says BTC OG Insider

BTC

BTC/USDT

$78,801.78
+1.38%
24h Volume

$31,786,825,241.96

24h H/L

$79,360.00 / $74,604.00

Change: $4,756.00 (6.37%)

Long/Short
72.7%
Long: 72.7%Short: 27.4%
Funding Rate

+0.0023%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$78,878.97

0.18%

Volume (24h): -

Resistance Levels
Resistance 3$87,812.10
Resistance 2$83,548.34
Resistance 1$79,269.27
Price$78,878.97
Support 1$78,691.06
Support 2$74,604.00
Support 3$63,235.49
Pivot (PP):$78,741.91
Trend:Downtrend
RSI (14):29.7

COINOTAG News, December 24, cites crypto observer Garrett Jin—often referred to as “BTC OG Insider Whale”—stating that the recent rally in silver, palladium, and platinum has been driven by a short squeeze dynamic and may be difficult to sustain. He cautions that as these metals retreat, gold could follow lower, potentially sparking a reallocation from traditional precious metals toward digital assets such as Bitcoin and Ethereum.

Market participants should monitor liquidity flows as the metals complex wobbles, because a broad rotation into Bitcoin and Ethereum would reflect shifting risk sentiment rather than a fundamental shift in crypto value. The commentary aligns with ongoing demand for major cryptocurrencies amid macro uncertainty.

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