Gracy Chen says macroeconomic uncertainty could keep Bitcoin within $10,000 to $20,000 of current levels, while US government purchases remain unlikely within the next two years.
Bitget CEO Gracy Chen expects Bitcoin to remain broadly around current levels through the end of the year despite its recent surge, citing interest rates and broader macroeconomic conditions as key factors shaping the cryptocurrency’s outlook.
Speaking on Cointelegraph’s Trade Secrets podcast, Chen said predicting whether Bitcoin (BTC) will finish the year above or below $70,000 is difficult, pointing to the possibility of higher interest rates as one factor that could pressure prices.
Cointelegraph host interviews Bitget CEO Gracy Chen. Source: Trade Secrets
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