Miller Value Partners Chief Investment Officer: Bitcoin technical pattern improvement may create conditions for another upward move

CoinVoice · 2026-01-06T05:02:48+00:00

Bill Miller IV of Miller Value Partners stated that improvements in Bitcoin's technical pattern could lead to a breakthrough above its historical high. He pointed out that changes in U.S. regulations and on-chain strategies on Wall Street are driving Bitcoin's development. Although the current price has retreated to $93,750, the long-term trend remains positive.

CoinVoice

2026-01-06 05:02:48

Abstract generation in progress

CoinVoice has learned that Miller Value Partners Chief Investment Officer Bill Miller IV stated that Bitcoin’s current technical formation is improving, and the price trend “looks ready to restart again.” In an interview with CNBC, he pointed out that from a technical perspective, Bitcoin may break through previous highs, linking this judgment to changes in the US regulatory environment and Wall Street’s ongoing on-chain deployment. Miller IV mentioned that the Federal Reserve Chairman Paul Atkins’ statement that capital markets are gradually migrating on-chain, as well as traditional financial institutions including JPMorgan continuing to build on-chain infrastructure, are noteworthy. He also stated that it is not unusual for Bitcoin to experience phased corrections and underperform gold; considering its volatility, it should be observed over a longer-term price cycle. According to CoinGecko data, Bitcoin’s current price is approximately $93,750, a decline from the all-time high set last year, but it has still recorded some gains since 2026.

BTC0,25%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.