Bitget CEO Gracy Chen expects Bitcoin to stay broadly round present ranges via the tip of the yr regardless of its latest surge, citing rates of interest and broader macroeconomic circumstances as key components shaping the cryptocurrency’s outlook.
Talking on Cointelegraph’s Commerce Secrets and techniques podcast, Chen mentioned predicting whether or not Bitcoin (BTC) will end the yr above or beneath $70,000 is troublesome, pointing to the potential of increased rates of interest as one issue that might stress costs.
Cointelegraph host interviews Bitget CEO Gracy Chen. Supply: Commerce Secrets and techniques
“If any of that occurs, the value ought to go down, a minimum of theoretically,” Chen mentioned, including that BTC has turn out to be more and more built-in with conventional finance and delicate to broader macroeconomic circumstances.
“My guess is perhaps across the similar vary,” Chen mentioned, including that BTC may end the yr $10,000 to $20,000 above or beneath present ranges, which she described as her “extra accountable” forecast.
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Chen sees US Bitcoin purchases as unlikely
Chen was additionally skeptical that the US authorities will start buying Bitcoin for its nationwide reserve earlier than the tip of President Donald Trump’s time period, calling such a transfer unlikely throughout the subsequent two years.
The Trump administration established a Strategic Bitcoin Reserve in March 2025 utilizing BTC already forfeited to the federal authorities, whereas directing officers to discover budget-neutral methods for buying extra BTC.
The US authorities presently holds an estimated 328,372 BTC, based on BitcoinTreasuries.NET, a lot of it amassed via regulation enforcement seizures and asset forfeitures slightly than direct purchases.
High 5 authorities Bitcoin holdings. Supply: BitcoinTreasuries.NET
Chen mentioned actively buying Bitcoin could be a considerably larger coverage resolution, requiring debate amongst lawmakers and political events regardless of the administration’s broadly crypto-friendly stance.
“From a coverage perspective, it’s most likely unlikely,” Chen mentioned. “I simply don’t see it coming proper now.”
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