BREAKING
88d 17h ago

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

BTC

BTC/USDT

$68,506.17
-2.79%
24h Volume

$13,784,700,649.61

24h H/L

$70,516.82 / $68,110.55

Change: $2,406.27 (3.53%)

Long/Short
63.9%
Long: 63.9%Short: 36.1%
Funding Rate

+0.0001%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$68,506.17

-0.60%

Volume (24h): -

Resistance Levels
Resistance 3$72,364.25
Resistance 2$70,811.58
Resistance 1$68,867.82
Price$68,506.17
Support 1$68,115.84
Support 2$65,637.54
Support 3$62,909.86
Pivot (PP):$68,735.17
Trend:Downtrend
RSI (14):44.9

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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