Fund manager Bill Miller IV expressed his bullish view on Bitcoin (BTC) amid a 2026 recovery in a new television interview, saying, “The technical indicators are really starting to line up and it looks like it’s ready to take off again.”
“Personally, I expect prices to rise towards higher levels than all-time highs,” he said. In his opinion, No need to worry about price drops Bitcoin gained its value after hitting a new record of $126,000 (USD) in October.
He recalled that Bitcoin ended 2025 with a 6% annual decline. “For an asset that has that level of volatility over the long term, it’s not serious. “I think it’s important to have an objective perspective,” he said.
People are wary because gold outperformed Bitcoin by a large margin last year. It’s all part of a broader picture of devaluation trading. And it looks like it’s poised to go even higher from here.
Bill Miller IV, phono manager.
“Bitcoin is a particularly interesting asset to own,” Miller said.
Experts emphasized that: The quest for disinflation has been the story of economics for 800 years. “This makes Bitcoin a particularly interesting asset to own,” he said.
“What’s really interesting is that we’re currently at a major inflection point for digital assets, especially Bitcoin, especially when you look at the regulatory clarity that has been introduced into the system over the past year. “This is a whole new scenario,” he commented.
He pointed out that US SEC Commissioner Paul Atkins said a few weeks ago that capital markets operate on-chain. JPMorgan CEO Jamie Dimon has “turned the tables. We’re now building on blockchain,” he added.
For the analyst, “all of this is very positive for Bitcoin.” In the Northern Hemisphere, it appears that we have established a base higher than the spring of 2025, i.e. the second quarter.
In this sense, he believes that: Related assets such as shares in Strategy Inc. (MSTR), the company with the most Bitcoin in the world, could benefit.. From a fundamentals-based valuation perspective, it doesn’t matter that it has fallen more sharply than Bitcoin.
According to Miller, the strategy could work better than Bitcoin
Although Strategy is trading below its Bitcoin holdings, Miller believes it will not fall any further and will reverse as the asset gains. The company’s market capitalization divided by BTC (mNAV) is less than 1.00.
“If you are bullish on Bitcoin, you should expect anything with positive leverage to outperform Bitcoin,” he emphasized. As such, he expects companies like Strategies, which leverages itself to accumulate currency, to benefit, even though the strategy involves high risks.
He added that if there is a positive risk appetite and environment for Bitcoin, we can expect some premium recovery. So We think it may even exceed the net asset value. With something like that.
In this context, other analysts expect it to cross $100,000 per BTC to consider confirmation that the bullish trend continues. Meanwhile, as reported by CriptoNoticias, Bitcoin hit $95,000 this week, its highest price in a month.
