Bill Miller IV Predicts $BTC Breakout to New All-Time High


Bitcoin appears technically positioned for a rally past its previous peak, according to Bill Miller IV, chief investment officer at Miller Value Partners. The fund manager told CNBC Monday that technical indicators are aligning favorably, suggesting the #cryptocurrency is prepared to surpass its autumn all-time high in the coming months.


Miller cited comments from Securities and Exchange Commission Chair Paul Atkins stating that capital markets are moving #on-chain as evidence of shifting regulatory posture. The fund manager pointed to JPMorgan and other Wall Street institutions that are building #blockchain infrastructure despite not publicly emphasizing these initiatives. He characterized the current environment as a fundamentally different landscape for crypto adoption.


The son of legendary investor Bill Miller noted that Bitcoin's 6% decline in 2025 and underperformance relative to gold should not concern long-term holders given the asset's inherent volatility.


Miller encouraged investors to examine longer timeframes when evaluating $BTC performance, noting that the #cryptocurrency has never posted consecutive annual losses. This historical pattern suggests 2026 should deliver positive returns following last year's modest decline.


$BTC currently trades at $93,750, down 25.6% from its $126,080 peak reached Oct. 6 but up 7.1% year-to-date. Miller argued that Bitcoin has established a higher base compared to spring 2025 levels, creating a foundation for the next upward move. He emphasized that all developments supporting on-chain capital markets flow positively toward Bitcoin's price prospects.

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January 06, 2026 at 12:58 PM
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