BREAKING
102d 8h ago

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

BTC

BTC/USDT

$66,969.90
+1.49%
24h Volume

$5,893,102,060.79

24h H/L

$67,284.00 / $65,766.10

Change: $1,517.90 (2.31%)

Long/Short
71.0%
Long: 71.0%Short: 29.0%
Funding Rate

-0.0007%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$66,885.03

0.72%

Volume (24h): -

Resistance Levels
Resistance 3$74,458.01
Resistance 2$69,708.76
Resistance 1$68,058.24
Price$66,885.03
Support 1$66,155.21
Support 2$64,323.39
Support 3$60,000.00
Pivot (PP):$66,702.02
Trend:Downtrend
RSI (14):42.4

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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