BREAKING
47d 4h ago

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

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

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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