BREAKING

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

BTC

BTC/USDT

$86,029.93
+6.40%
24h Volume

$32,421,728,518.48

24h H/L

$86,125.00 / $80,579.43

Change: $5,545.57 (6.88%)

Long/Short
49.3%
Long: 49.3%Short: 50.7%
Funding Rate

+0.0067%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$85,852.96

5.76%

Volume (24h): -

Resistance Levels
Resistance 3$92,442.92
Resistance 2$88,263.52
Resistance 1$85,999.95
Price$85,852.96
Support 1$83,442.40
Support 2$80,933.79
Support 3$72,212.02
Pivot (PP):$80,933.79
Trend:Uptrend
RSI (14):72.8
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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.

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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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