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Crypto Macro

Bitget CEO predicts Bitcoin drop to $50K despite rally

Bitget CEO Gracy Chen expressed skepticism about the current Bitcoin rally, stating she expects the price to fall to around $50K. She plans to increase her BTC holdings at that lower level, possibly in late 2026 or early 2027.

Original source

AI take

A sitting exchange CEO publicly talking her own book on a downside target is the notable part here, not the number itself. It signals that even infrastructure-level operators see the current rally as fragile enough to plan entries far below spot, and the timing she floats suggests she expects this cycle to run long rather than resolve quickly. Whether other exchange executives echo that caution, or treat it as an outlier view, is the open question worth watching.

Generated by AI for reference only.

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