Bitget CEO expects Bitcoin to trade near current levels, doubts US will buy for reserve
Bitget chief executive Gracy Chen forecasts Bitcoin will remain within a tight range through year-end due to macroeconomic pressures, tempering investor expectations for aggressive US government accumulation.
Bitget chief executive Gracy Chen expects Bitcoin to trade near its current valuation through the end of the year, tempering market expectations for a sustained near-term rally. She forecasts the cryptocurrency will finish the year within $10,000 to $20,000 of its present level, hovering around the $70,000 mark.
This outlook is driven by broader macroeconomic uncertainty and the potential for elevated interest rates. Chen noted that digital assets are now deeply integrated with traditional finance, making them highly sensitive to shifts in monetary policy.
“If any of that happens, the price should go down, at least theoretically,” she stated regarding the prospect of higher borrowing costs. She characterized this narrow price prediction as a “more responsible” forecast given the prevailing economic headwinds.
Beyond price action, Chen cast doubt on the likelihood of the United States government actively purchasing Bitcoin for its national reserve. She views such a move as improbable within the next two years, despite the current administration's broadly supportive stance toward digital assets.
While the Trump administration established a Strategic Bitcoin Reserve in March 2025 using previously forfeited coins, active accumulation faces steep hurdles. Officials were directed to explore budget-neutral acquisition strategies, yet Chen emphasized that direct buying represents a far more complex policy decision.
“From a policy perspective, it’s probably unlikely,” she said, adding that she does not see direct purchases materializing in the near term. Any such initiative would require extensive debate among lawmakers and political factions.
Federal authorities currently hold an estimated 328,372 BTC. This stockpile was accumulated primarily through law enforcement seizures and asset forfeitures rather than direct market purchases.
For institutional investors and market professionals, Chen’s assessment highlights a maturing asset class that is increasingly tethered to conventional macroeconomic indicators. The expectation of a stable price range suggests that traders should prioritize interest rate trajectories over speculative government accumulation narratives in the coming quarters.
