Bill Miller IV Says Bitcoin Is Gearing Up for a New All-Time High in 2026 as Wall Street and US Regulators Push Deeper Into Blockchain Markets

Another recognizable voice has stepped into the Bitcoin debate—this time from a family long tied to investing.

Bill Miller IV, who runs investments at Miller Value Partners and is the son of famed value investor Bill Miller, says Bitcoin looks ready to make history again.

In his view, the setup for a new all-time high this year is falling into place, helped along by friendlier regulation in the US and deeper roots on Wall Street.

Charts Are Telling a New Story

Speaking with CNBC, Miller IV said the technical signals around Bitcoin are starting to align.

To him, the market feels coiled, almost restless.

He expects Bitcoin not just to rally, but to push past the record it set last fall.

His confidence isn’t about hype—it’s about what he sees forming underneath the price.

Washington and Wall Street Are Getting Onchain

One of the biggest shifts, according to Miller, is happening behind the scenes.

He pointed to remarks from SEC Chair Paul Atkins suggesting that capital markets are steadily moving onchain.

At the same time, major financial institutions—JPMorgan included—are actively building blockchain-based systems.

For Miller, that combination changes the entire playing field.

As he put it, this isn’t just another cycle; it’s a different game altogether.

Short-Term Drops Don’t Change the Big Picture

Bitcoin’s 6% dip last year and gold’s stronger performance didn’t faze Miller.

He brushed it off as normal behavior for a notoriously volatile asset and urged investors to take a step back when reading the charts.

When you do that, one long-term pattern stands out: Bitcoin has never posted two losing years in a row.

Where Bitcoin Stands Right Now

At the moment, Bitcoin is trading around $93,750.

That’s about 25.6% below its all-time high of $126,080 set on October 6, but still up 7.1% so far in 2026, according to CoinGecko.

For bulls, that mix of recovery and distance from the peak leaves plenty of room for movement.

Tom Lee Sees Strong Tailwinds

Miller isn’t alone. In a separate CNBC appearance, Fundstrat Capital CIO Tom Lee said Bitcoin entered 2026 with momentum on its side.

He pointed to a reset in leverage after a sharp shock in October, ongoing institutional adoption, and increasing US government support.

Taken together, Lee believes these forces could help Bitcoin regain its footing this year.

How High Could It Go?

Lee didn’t offer a new price target for the end of 2026, though he previously suggested Bitcoin could hit a fresh high as early as late January. Others have been more specific.

Dragonfly managing partner Haseeb Qureshi recently said he expects Bitcoin to climb above $150,000 by the end of 2026, even as Bitcoin’s dominance of the crypto market declines.

A Year Too Wild to Predict?

Not everyone wants to pin down a number. Galaxy Digital declined to make a firm forecast, arguing that 2026 could be too unpredictable.

Their view? By year’s end, Bitcoin could land anywhere between $50,000 and $250,000—a massive range that reflects just how uncertain, and potentially explosive, the year ahead could be.

So, What Comes Next?

With seasoned investors, Wall Street giants, and regulators all nudging the ecosystem forward, Bitcoin is entering the year with no shortage of narratives pushing it higher.

Whether it delivers a new record or simply another wild chapter, one thing seems clear: the conversation around Bitcoin is far from cooling off.

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