Legendary investor Bill Miller is convinced that Bitcoin is not in a bubble despite the top cryptocurrency recently coming close to hitting the $65,000 level, according to his Apr. 20 interview on CNBC’s “The Exchange”:
I don’t think this is a bubble at all in Bitcoin. This is now the beginning of a mainstreaming of it
The flagship coin hit a high of $64,895 on Apr. 4, but it has since seen a violent correction to the $51,000 level.