Bitget CEO Sees Bitcoin Near Current Price, Doubts US Government Buys

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Bitget CEO Gracy Chen predicts Bitcoin will stay close to its current price range until the end of the year. She also thinks the US government is unlikely to buy Bitcoin in the next two years, citing ongoing economic uncertainty.


Gracy Chen, the CEO of crypto exchange Bitget, shared her outlook on Bitcoin's price for the remainder of the year. She believes that the current global economic uncertainty could keep Bitcoin trading within a range of $10,000 to $20,000 from its present levels. This suggests a period of stability or moderate fluctuation rather than major upward moves. Additionally, Chen expressed doubt about the United States government purchasing Bitcoin within the next two years. Her perspective highlights how wider economic factors continue to influence the crypto market's direction.

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