Bitcoin Back Above $85,000 With More Gains Expected

Bitcoin has managed to climb above $85,000, trading at $85,465 after a 7.5% gain over the last week. While that’s already an impressive level, some analysts think there’s plenty more room to grow in the short term.

Good to know

• Bitcoin is trading above $85,000, with a 7.5% over the last seven days.
• A bullish chart pattern hints at more upside, according to analysts.
• Ray Dalio warns of global risks that could shake investor confidence.

One of them is Titan of Crypto, a popular name on X, who believes the chart is showing signs of a “bullish flag” pattern. It’s a setup traders watch closely, and usually, it signals more upside is on the table. According to the analyst, Bitcoin could be heading toward $137,000 by the summer of 2025.

That would set a new all-time high—and by quite a margin. The forecast comes from technical analysis, where trends and averages matter more than headlines. The 200-day moving average is one key number traders are watching right now. As long as Bitcoin stays above it, momentum is likely to hold.

But not everyone is in full-on bull mode. Some are urging caution, especially with global uncertainty on the rise. Ray Dalio, the American investor known for calling the 2008 financial crisis, shared his concerns this week.

He thinks Donald Trump’s trade policies could trigger real problems. Dalio pointed to possible spikes in import tariffs, instability in global trade, and even geopolitical tensions. He said these risks might be worse than a typical recession.

“The current situation is rare and extremely serious,” Dalio said, warning that the market should be ready for more volatility ahead.

So while Bitcoin’s chart looks promising, and the price is climbing, the broader mood is still mixed. Some investors are hopeful. Others are watching closely, waiting to see how global events play out before jumping in deeper.