Bitget CEO Gracy Chen expects Bitcoin's price to remain close to current levels by year-end, citing global economic uncertainty. She also doubts the US government will purchase Bitcoin in the next two years.
Gracy Chen, the CEO of crypto exchange Bitget, shared her outlook on Bitcoin's future price. She predicts that Bitcoin will likely stay within $10,000 to $20,000 of its current trading levels by the end of the year. This stability is largely attributed to ongoing macroeconomic uncertainty around the world. Chen also expressed doubt about the United States government buying Bitcoin. She believes such a move is highly unlikely to happen within the next two years. Her comments highlight a cautious short-term view for the cryptocurrency market and government involvement.
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