PANews reported on January 2nd that Bloomberg analyst Mike McGlone stated on the X platform that both silver and Bitcoin will face declines in 2026 if the 50-week moving average is used as a reference, but for different reasons. On December 31st, silver was priced at approximately $72 per ounce, a 73% premium over its 50-week moving average—a year-end price only seen once before, in 1979. Silver prices peaked near $50 in 1980, before falling 52% to $15.50. It wasn't until 2025 that silver prices again closed above the 1979 level of $32.20. In stark contrast to the high price of silver is Bitcoin's bear market. Currently, Bitcoin is priced at approximately $87,000, a 13% discount to its 50-week moving average, which typically indicates a bottoming out and a potential drop of nearly 55%.