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
“If any of that happens, the price should go down, at least theoretically,” Chen said, adding that BTC has become increasingly integrated with traditional finance and sensitive to broader macroeconomic conditions.
“My guess is maybe around the same range,” Chen said, adding that BTC could finish the year $10,000 to $20,000 above or below current levels, which she described as her “more responsible” forecast.
Related: Bitcoin rally sends crypto stocks soaring as miners, treasury companies jump
Chen was also skeptical that the US government will begin purchasing Bitcoin for its national reserve before the end of President Donald Trump’s term, calling such a move unlikely within the next two years.
The Trump administration established a Strategic Bitcoin Reserve in March 2025 using BTC already forfeited to the federal government, while directing officials to explore budget-neutral strategies for acquiring additional BTC.
The US government currently holds an estimated 328,372 BTC, according to BitcoinTreasuries.NET, much of it accumulated through law enforcement seizures and asset forfeitures rather than direct purchases.
Top 5 government Bitcoin holdings. Source: BitcoinTreasuries.NET
Chen said actively purchasing Bitcoin would be a significantly bigger policy decision, requiring debate among lawmakers and political parties despite the administration’s broadly crypto-friendly stance.
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