Bitget CEO Gracy Chen expects Bitcoin to trade broadly around its current levels through the end of the year, even as the asset stages a notable recovery. Speaking on Cointelegraph’s Trade Se
Bitget CEO Gracy Chen expects Bitcoin to trade broadly around its current levels through the end of the year, even as the asset stages a notable recovery. Speaking on Cointelegraph’s Trade Secrets podcast, Chen offered a measured outlook shaped by macroeconomic headwinds and scepticism over any imminent US government Bitcoin purchases.
Chen said that forecasting whether Bitcoin will finish the year above or below $70,000 is genuinely difficult, pointing specifically to the possibility of higher interest rates as a factor that could weigh on prices. She noted that Bitcoin has become increasingly tied to traditional financial markets and is therefore sensitive to broader macro conditions.
