‘Silver and gold have topped’ – Is capital rotating into crypto next?
Bitcoin [BTC] has lagged behind metals or perceived traditional safe-haven assets like gold and silver. The recent explosive silver rally to a new all-time high (ATH) of $83 was marked by an extended price range for BTC below $90K.
Analysts had previously stated that the metals surge was capping BTC’s rebound, and a correction could offer relief for the cryptocurrency.
The White House whale, also known as Garret Bullish, has been the most bullish analyst on crypto, citing potential correction on silver and gold.
Now that metals have given back their recent gains, Garret projected that silver and gold had topped out, and capital was moving to crypto.
“At today’s market open, capital has already started rotating…
