Bloomberg analyst Mike McGlone wrote that, based on the 50-week moving average, both silver and Bitcoin will face declines in 2026. On December 31st, silver was priced at approximately $72 per ounce, a 73% premium to its 50-week moving average. This year-end price premium has only occurred once before, in 1979, when silver fell 52% to $15.50 after peaking in 1980. Currently, Bitcoin is priced at approximately $87,000, a 13% discount to its 50-week moving average, which typically indicates a bottom and a potential drop of nearly 55%.