Bitget CEO Sees Bitcoin Near Current Levels, Doubts US Purchases
Bitcoin has become more closely tied to traditional finance as institutional investors, exchange-traded products and broader portfolio allocation bring the cryptocurrency further into mainstream markets. That integration also leaves its price increasingly exposed to interest-rate expectations, liquidity conditions and the wider economic outlook. Whether the US government buys Bitcoin directly remains a key test of its potential evolution from a regulated investment asset into a sovereign reserve holding.
Bitget Chief Executive Gracy Chen expects Bitcoin to finish 2026 near current levels, with the token likely to trade within a band of roughly $10,000 to $20,000 above or below its present price amid uncertainty over interest rates and the macroeconomy. Chen also said Bitcoin’s links with conventional finance are deepening, but assessed the likelihood of direct US government purchases during the next two years as extremely low.
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The history behind this eventBitget CEO Chen Shuns Bitcoin Rally, Waits for $50,000
Bitget Chief Executive Gracy Chen is staying on the sidelines during Bitcoin’s latest rally, arguing that the advance may not be sustainable. Chen, who leads one of the cryptocurrency industry’s major trading platforms, is holding a large position in stablecoins instead of chasing the market, preserving liquidity while waiting for a more favorable entry point and underscoring continued caution among some industry executives.
Chen said she would consider buying Bitcoin again only if the token retreats to around $50,000. She did not specify a purchase date, the size of any planned allocation or how long she is prepared to wait. Until the price reaches that level, Chen intends to keep her capital largely in stablecoins, signaling that she views a substantial correction as necessary before the risk-reward profile becomes attractive.
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