Bitget CEO Gracy Chen believes Bitcoin's price will remain close to current levels by year-end due to economic uncertainty. She also thinks the US government is unlikely to buy Bitcoin in the next two years.
Gracy Chen, the CEO of crypto exchange Bitget, shared her outlook on Bitcoin's (BTC) future. She predicts that Bitcoin will likely stay within a $10,000 to $20,000 range of its current price by the end of the year. This is mainly due to ongoing global economic uncertainty, which affects investor behavior. Chen also expressed doubts about the US government directly purchasing Bitcoin within the next two years. Her perspective suggests that while the market may see some movement, significant new government-led adoption from the US is not expected soon.
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