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Peter Spina: Bitcoin approaches critical support against gold and silver
Peter Spina, CEO at GoldSeek.com, highlights that Bitcoin is nearing important support levels when measured against both gold and silver values.
He notes that these support levels previously prevented a more significant decline in Bitcoin’s price. According to Spina, if Bitcoin fails to hold these supports, it could lead to another wave of selling pressure.
Spina previously noted that silver fell below its $83 per ounce support, following declines in gold and higher bond yields, raising concerns about further losses in precious metals markets. He has also highlighted India's decision to tighten silver import regulations after the country spent a record $12 billion on imports by March 2026. These developments have contributed to ongoing scrutiny of key support levels in both metals and digital assets.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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