Written by Nate Kostarstaff writerReviewed by Sam Bourgistaff writer

Written by Nate Kostarstaff writer

Reviewed by Sam Bourgistaff writer

Bitget CEO sees Bitcoin near current levels at year-end, doubts US will buy BTC

MarketsPublishedAug 21, 2026

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 anticipates 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 stated 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 stated, 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 stated, 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 sees US Bitcoin purchases as unlikely

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, as reported by 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 stated 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.

“From a policy perspective, it’s probably unlikely,” Chen stated. “I just don’t see it coming right now.”

Magazine: Bitcoin to $1M by 2030 is ‘mathematically impossible’ says Markus Thielen

This article is produced in accordance with Cointelegraph’s Editorial Policy and is intended for informational purposes only. It does not constitute investment advice or recommendations. All investments and trades carry risk; readers are encouraged to conduct independent research.

• Bitget
• United States
• Bitcoin Price
• Bitcoin

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