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GM. This is Milk Road. We're like a mother bird that chews up food and then—wait, no. Gross analogy.

Point is: we make crypto news digestible.

Here’s what we got for you today:

MICHAEL SAYLOR LAYS OUT BITCOIN’S PATH TO $13M 💸

Michael Saylor = ‘Bitcoin Oprah.’

Though, instead of using an ‘APPLAUSE’ sign and prize giveaways to get everyone fired up – Mike comes in with crazy stats and wild forward looking statements. 

(Typically causing Crypto Twitter to react, like so 👇)

And just yesterday, ol’ Mike went on CNBC to spit some bars…

So we watched the entire newscast → collected the best bits → and boiled them down into three key statements that we can only describe as a ‘5-hour energy shot’ of bullish sentiment. 🧑‍🍳

Ready? Alright, here goes…

1/ “We beat every. single. company. in the S&P 500 using our Bitcoin strategy”

Not only has Microstrategy outperformed every company in the S&P 500 over the past year, including NVIDIA (913.35% vs. 859.87%) – but it far outpaced $BTC itself!

How? By acting as a regulatory compliant method for investors to gain exposure to Bitcoin – long before the ETFs were available. 

(Gobbling up investor dollars – and with it, more $BTC – along the way).

2/ Mike’s predicting a $13M Bitcoin by 2045 (👈 not a typo)!

How did he get to that number? Here’s his thinking:

Bitcoin is growing at around 44% each year. In the next 5 years, he believes returns will lower to 40%, then 35%, then 30%, and so on…

Until it reaches a cruising altitude of ~$13M per coin. 🤯

The next catalyst for price appreciation according to Mike? 

Banks custodying / holding Bitcoin on their balance sheet.

3/ Saylor flips the ‘Bitcoin is risky’ narrative on its head → drops mic 🎤

Here’s the quote from the man himself (trimmed slightly, for efficiency):

“Bitcoin is an expression that you want to invest in assets without counterparty risk.

Which means you don’t want to be a counterparty to a country, a currency, a city, a company, a commodity or a culture…

People think it's a risky thing. It’s all about people not wanting to take risk. 💡

They don’t want to guess whether Picassos, or Real Estate in New York, or NVIDIA stock will be higher in 10 years…

They want to buy one twenty-one-millionth of all the money in the world.”

Chills…literal chills.

If anyone needs us, we’ll be in the garage practicing karate (trying to burn some of this energy off). 🥋

COTD: BITCOIN DOESN’T CARE WHO’S PRESIDENT 📊

Feeling a little over stimulated from that first article?

Worried those excited jitters might turn into anxiety if the crypto market responds poorly to tonight’s presidential debate?

Don’t worry – we got you. ✌️

Here’s a mindfulness meditation in chart form:

The through-line here is this:

While there may be short-term volatility surrounding the presidential race – in the long run Bitcoin (and by proxy, the rest of crypto) doesn’t really give a sh*t. 🥱

Markets love certainty above all else – and right now, the presidential race represents uncertainty.

Once the elections have taken place, market players can start to feel a little more confident in their allocations and will likely begin investing in greater volumes.

And if (for whatever reason) you feel yourself wanting to hit the panic button between then and now – just follow this process:

Zoom out → zen out → and remember: 

In the long run, Bitcoin tends to win either way. 🏆

PRO “WHERE ARE WE IN THE CYCLE?” INDICATORS 🤔 

You know that moment of sheer panic you sometimes experience when waking up from a deep sleep?

(Where am I? Who am I?? What’s tha—oh, it’s my leg…)

A moment later, you figure out where you are and the panic subsides.

Well, same thing goes for the crypto market.

Crypto moves in cycles, and knowing where we are in the current cycle is crucial for not only keeping your cool, but capturing the best opportunities.

The goal is to spot the bull market peak before the inevitable bear market hits your bags hard.

Since timing the top perfectly is almost impossible, we use various indicators to give us a better shot at taking profits before it's too late.

Below are the 5 indicators we track, with a color-coded system to show how close they are to signalling the market peak:

🟢 Plenty of room to run 🏄

🟡 Getting closer to the top signal, but haven’t yet reached the mark ⚠️

🔴 We’ve hit the market top indicator 🚨

Every Tuesday, we update these 5 indicators exclusively for PRO members.

Our advice? Don't wait for all of them to hit 🔴. It's better to take profits as they get closer to that point.

Let's dive in and see if we're anywhere near the top of this bull market. 👇

BITE-SIZED COOKIES FOR THE ROAD 🍪

Paxos is launching stablecoins on Arbitrum, an Ethereum Layer 2 network. This aims to improve transaction scalability and drive DeFi growth​.

Japanese firm Metaplanet bought $2M in Bitcoin, bringing their total to $26M. The company has been steadily increasing its crypto holdings due to economic challenges​.

Sony Bank and Soneium launched Japan's first yen-backed stablecoin. The project aims to reduce transaction costs and improve financial efficiency using blockchain​.

TRON, Tether, and TRM Labs formed a unit to combat crypto crime. They’ve already frozen $12M in illicit USDT as part of their efforts​.

Join forces with the Milk Man! We’re looking for a Twitter Specialist + Content Creator who can mix crypto knowledge with top-notch tweets. Think you’re the one? Apply today and let’s get this show on the road!

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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.