Bill Miller IV: Never Been This Bullish on Bitcoin
- —Miller IV called his current bitcoin view the most bullish of his career
- —BTC has returned above $80,000 after falling to $60,000 in late August
- —A comparison with gold implies a conditional $1.4 million per BTC, but that is not a forecast
- —Miller views BTC as a network with transparent supply and decentralized governance
Why it matters: Another institutional investor publicly reaffirming a long-term bet on bitcoin supports the narrative of capital inflows into BTC.
Source: Siam Blockchain