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Top manager of the Miller Value fund: Bitcoin may reach a maximum this year, 2026/01/06 12:01:55
Miller Value Partners chief investment officer Bill Miller said in an interview with CNBC that Bitcoin could hit a new all-time high this year. The reason is Wall Street’s acceptance of cryptocurrency.
According to the top manager, the institutional implementation of Bitcoin continues. Wall Street companies and banks are creating more and more blockchain solutions. In addition, the market is supported by the US government.
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“The technical indicators are starting to converge and the price looks poised for further growth. I expect it to break through its all-time high reached in the fall. This is a completely different story. Bitcoin appears to have formed a higher support base than it did in the spring of 2025,” Miller said.
The fall of the first cryptocurrency last year was not a big problem, and historical analysis shows that Bitcoin has never experienced negative growth for two years in a row.
The period of uncertainty that followed a two-month drop in demand has ended, and major players are again showing interest in the asset. They are buying more bitcoins than the miners have time to offer, which is another bullish signal, Miller clarified.
Previously, VanEck head of research Matthew Sigel said that the risks of a deep fall in the price of Bitcoin in the current market cycle remain limited.
