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.
Year-End Price Call: Same Range, Give or Take
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.
‘If any of that happens, the price should go down, at least theoretically,’ Chen said.
Her central scenario, which she described as her ‘more responsible’ forecast, is that Bitcoin ends the year within $10,000 to $20,000 of current levels in either direction.
‘My guess is maybe around the same range,’ she said.
Chen Doubts US Will Buy Bitcoin Before Trump’s Term Ends
Chen was equally cautious about prospects for the US government actively purchasing Bitcoin for its Strategic Bitcoin Reserve. She called such a move unlikely within the next two years, putting it beyond the window of President Donald Trump’s current term.
The Trump administration established the Strategic Bitcoin Reserve in March 2025 using Bitcoin already forfeited to the federal government, while directing officials to explore budget-neutral methods 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 outright purchases.
Chen argued that actively buying Bitcoin would represent a significantly larger policy decision than simply retaining seized assets, requiring meaningful debate among lawmakers and political parties. She said that despite the administration’s broadly crypto-friendly posture, the practical and political barriers remain high.
‘From a policy perspective, it’s probably unlikely,’ Chen said. ‘I just don’t see it coming right now.’
