Fund manager Bill Miller IV said Bitcoin appears poised for another rally as regulatory momentum and Wall Street adoption build in the United States.
Technicals are really starting to line up and it looks like it’s ready to go again. I personally expect it to break out to a higher high than its all-time high from the fall.
Bill Miller IV said.
He pointed to comments from the US Securities and Exchange Commission chair and growing onchain activity by major banks as key positives.
Miller said Bitcoin’s recent underperformance versus gold was not significant given the asset’s long-term volatility.
He added that Bitcoin has never recorded two consecutive losing years when viewed over a broader time horizon.
Fundstrat Capital chief investment officer Tom Lee said Bitcoin entered 2026 with several tailwinds including institutional adoption and government support.
We reset leverage after that big shock and now institutional adoption is still taking place alongside US government backing.
Tom Lee said.
Lee said these factors could help Bitcoin recover further this year, though he did not issue a fresh price target.
Other analysts have forecast wide outcomes for Bitcoin, citing potential highs above 150,000 dollars by the end of 2026.
At the time of reporting, Bitcoin price was $93,666.69.