🥛 $160k+ BTC in 2 months? 😦

GM. This is Milk Road, the newsletter designed to make you the smartest person in your crypto group chat.

Here’s what we got for you today:

✍️ BTC to $160k+ in 60 days?
✍️ Sky kick-starts a major trend
🎙️ The Milk Road Show: Why Most Layer 1s Won’t Justify Their Valuations in 2026 (And Where the Real Upside Is) w/ Santi
🍪 Another crypto x AI win

Arc is a new Layer-1 blockchain designed to support real-world economic activity and it’s now live in testnet. Dive into Arc and start experimenting.

Prices as of 2:00 PM ET. Trade today with Milk Road Swap.

THIS HISTORICAL TREND SAYS TO EXPECT A 160K+ BTC IN 60 DAYS 😦

One of our favorite financial wizards, Julien Bittel (from GMI/Real Vision), just dropped a chart that will make you want to start bull-posting in your group chat again.

It shows BTC’s relation to its Relative Strength Index (RSI), and paints a picture of its future – but first things first!

What the hell is RSI? (Sounds like a made up medical condition.) 👇

Source: Arrested Development Wiki

In short: RSI measures an asset's price momentum, using a gauge that ranges from 0-100.

RSI above 70 = overbought.

I.e. Most people that were considering buying the asset have likely already bought it, meaning the asset may be done climbing and due for a pullback.

RSI below 30 = oversold.

I.e. Most people that were considering selling the asset have likely already sold it, meaning the asset may be done bleeding and could be due for a bounce.

Recently, the average BTC trajectory following an oversold RSI reading (of 30 or below), goes something like this:

Grind sideways for 20 days → start moving up again.

… and right now, BTC’s right at that 20 day mark.

If you average out the moves that BTC has made each time its RSI has hit 30 or below in recent history, then overlay it on BTC’s recent price action, you get the below chart.

(Black = current price action. Pink = projected price action based on historical data.) 👇

Source: @BittelJulien

Yah. History is telling us to expect a $160-180k BTC in the next 2 months or so.

Julien’s disclaimer on the chart:

“If you think the bull market is over and we are now facing twelve months of pain, this chart is not for you. Move along…”

But if you’re like us, and believe the crypto cycle will continue into 2026?

This is SUPER exciting!

ARC IS NOW LIVE ON TESTNET

Circle is already one of the biggest names in crypto…

But most people still haven’t heard much about Arc, the Layer-1 blockchain built by Circle.

Arc is a new Layer-1 blockchain that’s now officially live on testnet.

It’s built to bring real-world economic activity onchain. And with full Circle platform integration at its core (e.g., USDC, EURC, USYC), it’s positioned to do exactly that.

Here’s what stands out:

Low and predictable gas fees paid in stablecoins
Instant settlement & deterministic finality
Native FX & Privacy infrastructure

Developers and institutions have already started testing on Arc. Now it’s your turn.

Dive into Arc and start experimenting.

SKY JUST KICK-STARTED ONE OF 2026’S MAJOR TRENDS 🏃♂️➡️

ICYMI, last week we wrote an article titled ‘3 Market-Moving Trends To Watch For In 2026’…

One of those trends was ‘Standardized financial data delivered in a familiar language’.

The basic gist being:

Blockchain tech is world-class in its offerings. But to traditional investors, it's essentially another language.

Instead of waiting/hoping for TradFi to learn that language, we need to translate crypto into familiar TradFi terms.

And it looks like we won’t have to wait till the new year for the trend to kick off, ‘cause Sky just did this:

Source: @SkyEcosystem

You can (and should) read the full report here – it’s a banger!

Our main takeaway after reading it:

Sky is built different, in that its fundamentals aren’t directly correlated to the speculative state of crypto.

In a year where most of the market was either bleeding or in limbo, Sky was able to:

Damn-near double its stablecoin supply, increase its profits, cut its operating expenses in more than half, and increase its buybacks by 250x (enough to purchase 6.3% of its supply).

… “Profits up, expenses down, buybacks increasing”? This is the kind of language TradFi understands.

Our bet? This is just the first of many of these kinds of reports – not just from Sky, but from a slew of big, rock-solid names in the crypto industry.

The broader goal being:

Translate crypto colloquialisms into TradFi talk → win more TradFi investment.

P.S. Want a closer look at Sky? Check out this PRO report.