Why $120,000 Is the Most Important Bitcoin Level in 2026 w/ Matt Crosby

Watch on YouTube ↗  |  January 03, 2026 at 14:00  |  10:16  |  Milk Road Daily
Speakers
Matt Crosby — Co-host, The Cryptoverse

Summary

Matt Crosby discusses Bitcoin's 2026 setup, arguing that $120,000 is the key resistance level and that BTC may remain range-bound versus gold even if USD prices rise. He outlines a possible 2026 range of $72,000 to $120,000, with $77,000-$78,000 as support and $100,000 as the level to reclaim before targeting the prior high. He also highlights a risk-on rotation from gold into silver and equities, and names quantum computing and nuclear/uranium stocks as high-upside sectors. In rapid fire, he gives an Ethereum range and says Google Gemini may grow most among AI apps.

  • Bitcoin's 2026 range is seen as $72k low to $120k high, with $118k-$120k as key resistance.
  • Matt expects Bitcoin to chop versus gold and not make new relative highs in 2026.
  • A $100k reclaim is the trigger to watch for a move toward the prior all-time high.
  • Gold/silver ratio topping suggests risk-on rotation into silver and equities.
  • Quantum computing stocks are named as the top sector with 10x potential.
  • Nuclear energy and uranium stocks are named as a secondary 10x-potential sector.
  • Ethereum is forecast in a $2k-$4k range for 2026.
  • Google Gemini is expected to grow most among AI apps due to Google's capital.
Ideas
Matt Crosby Co-host, The Cryptoverse 0:01
Bitcoin positive; $120k key resistance.
Matt's 2026 base case is positive for Bitcoin in USD terms, but he sees the prior all-time high around $120,000 as the key resistance and a $118,000 level he will watch for a breakout. He does not expect an immediate break; he wants to see BTC reclaim the $100,000 psychological level, which lines up with the one-year moving average and realized price, before targeting the prior high. He gives a 2026 low of $72,000 and high of $120,000, with $77,000-$78,000 as a possible final-flush support if the market sells off once more.
Matt Crosby Co-host, The Cryptoverse 1:07
Bitcoin likely lags gold in 2026.
Matt does not think Bitcoin will make new highs versus gold in 2026. He expects chopping and sideways consolidation in the BTC/gold ratio because Bitcoin still needs to prove strength to attract capital, while gold's strong momentum and safe-haven appeal can keep drawing flows. He calculates that the December 2024 high of 40.73 ounces of gold per Bitcoin would imply about $175,000 at $4,300 gold, and the 2021 peak of 37.46 ounces would imply about $160,000, but he thinks those relative highs are unlikely this year.
Matt Crosby Co-host, The Cryptoverse 4:51
Risk-on rotation favors silver and equities.
Matt highlights the gold/silver ratio as topping, with silver starting to outpace gold, and notes a similar setup in gold versus S&P. He views this as a sign that risk-on conditions are set to continue and expects rotation from safe-haven gold into more speculative assets like silver and equities.
Matt Crosby Co-host, The Cryptoverse 8:47
Quantum computing stocks have 10x potential.
In the rapid-fire round, Matt names quantum computing stocks as the one asset everyone will wish they held from now through the end of 2026, and he says the quantum computing space has by far the strongest potential to 10x this year.
Matt Crosby Co-host, The Cryptoverse 9:05
Nuclear and uranium stocks can 10x.
After quantum computing, Matt says nuclear energy and uranium stocks are another space with potential to 10x, making them his secondary high-upside sector pick for the year.
Up Next

This Milk Road Daily video, published January 03, 2026, features Matt Crosby discussing BTC, Bitcoin/Gold ratio, SILVER, Equities, QTUM, URA, Uranium Stocks. 5 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Matt Crosby  · Tickers: BTC, Bitcoin/Gold ratio, SILVER, Equities, QTUM, URA, Uranium Stocks