Legendary investor Ray Dalio is once again making waves in the financial world, recommending a 15% portfolio allocation to Bitcoin or gold. As institutional and retail interest intensifies, Bitcoin’s potential path to $150,000 is becoming a growing point of discussion. Dalio’s endorsement signals a shift in traditional finance’s stance on digital assets, reigniting bullish sentiment across the market. In this article, we explore how this recommendation could shape investor behavior and highlight which cryptocurrencies may follow Bitcoin’s lead in the next upward move. Bitcoin Rides the Wave: Steady Growth with Eyes on New Highs Source: tradingview Bitcoin is showing some resilience with its current price sitting in the one hundred sixteen to one hundred twenty-one thousand dollar range. It's bouncing back nicely with an almost 11% rise over the past month. The next challenge is breaking past the one hundred twenty-three thousand resistance. If it climbs above this, it could aim for the one hundred twenty-nine thousand mark, about a 6% gain from its current range. The strong support around one hundred twelve thousand gives it a solid footing to keep pushing higher. With a positive trend over the last six months, Bitcoin enthusiasts might have reasons to feel hopeful. Conclusion With Ray Dalio advocating for Bitcoin as a core part of diversified portfolios, market sentiment is getting a fresh dose of optimism. Bitcoin’s steady climb and solid technical footing near key resistance levels suggest that a push toward $150K may not be far-fetched. As traditional finance continues to embrace crypto, other digital assets could also benefit from the rising tide. For investors seeking both security and upside, Dalio’s advice may prove timely as Bitcoin and the broader market set their sights on new highs. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
