Ray Dalio Sees Prolonged Dollar Weakness Versus Gold and Yuan as Analysts Eye Bitcoin at $130,000 in 2026

In his 2025 year-end review, Bridgewater Associates founder Ray Dalio said the US dollar is entering a phase of structural weakness, citing a 39% slide against gold and double‑digit losses versus the euro and Swiss franc alongside nearly $10 trillion in debt that must be rolled over. As the US yield curve steepens and capital shifts toward precious metals, crypto analysts expect Bitcoin could climb to about $130,000 and Ethereum to $4,500 in early 2026 once gold and silver’s strong rally begins to cool.