Ray Dalio: Treat Bitcoin Like Gold and Oil

Billionaire investor Ray Dalio believes Bitcoin’s scarcity and ability as a store of value make it comparable to precious metals like gold and oil. He argues that its limited supply of 21 million coins offers protection against inflation risks inherent in fiat currencies. However, he also cautions that government regulations and transparency could hinder Bitcoin’s potential for widespread adoption. Dalio echoes the sentiments of other prominent investors such as Robert Kiyosaki, who categorize Bitcoin alongside gold and silver as hedges against global economic instability. These individuals believe assets like Bitcoin are resistant to inflation, attracting investors seeking safe havens in a turbulent financial market. !

While Wall Street debates Bitcoin’s role within the financial system, data reveals active trading activity. CryptoQuant reports over $3.7 billion in realized gains on a single day – one of the biggest sell-offs in 2025 so far. This suggests seasoned investors are cashing out their positions, not short-term speculators, potentially signaling continued upward momentum for Bitcoin.

Futures markets further indicate growing institutional confidence in Bitcoin’s long-term value. Open interest in Bitcoin futures has reached a record $88 billion, while spot exchange traded funds continue to see consistent new inflows. These trends suggest that institutions are increasingly comfortable wagering on Bitcoin’s role within the financial system.

Major banks, like Citigroup and JPMorgan, also highlight potential Bitcoin price peaks. Citigroup predicts a possible peak of $231,000 in the coming year, while JPMorgan estimates an even higher value at $165,000 if it matches gold’s risk-adjusted returns. Both firms highlight Bitcoin’s reduced volatility compared to previous years, implying market maturity.

With profit-taking and whale accumulation occurring alongside six-figure price predictions from Wall Street experts, Bitcoin is currently at a critical junction – speculation versus validation. For Dalio, the conversation has shifted to whether Bitcoin will stand alongside gold and oil as a global financial asset.