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Crypto Macro

Bitget CEO: Bitcoin to Stay Near Current Levels; US BTC Purchase Unlikely

Bitget CEO Gracy Chen predicts Bitcoin will remain within $10,000-$20,000 of current levels due to macroeconomic uncertainty, and doubts the US government will purchase BTC within the next two years.

Original source

AI take

Chen's range-bound call and her skepticism on US government accumulation point to a market where macro uncertainty, not crypto-native catalysts, sets the tone. That matters for traders who have priced in sovereign demand as a structural bid. The more telling signal is the source: a major exchange CEO publicly downplaying a narrative her own industry has leaned on. Whether other industry voices echo this caution, or treat it as an outlier, is the open question.

Generated by AI for reference only.

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