Bill Miller IV, Chief Investment Officer at Miller Value Partners, expressed optimism about Bitcoin's technical outlook, suggesting potential for further price increases. In a CNBC interview, Miller highlighted that Bitcoin's price action appears poised for another upward move, potentially surpassing previous highs. He attributed this positive outlook to evolving U.S. regulatory conditions and Wall Street's growing involvement in blockchain technology. Miller referenced SEC Chair Paul Atkins' comments on capital markets transitioning to blockchain and noted traditional financial institutions like JPMorgan Chase are enhancing blockchain infrastructure. Despite Bitcoin's recent price correction and underperformance relative to gold, Miller emphasized that such volatility is typical and should be viewed within a long-term context. Currently, Bitcoin is priced around $93,750, according to CoinGecko, below its all-time high from October last year but showing gains in 2026.