Bitget CEO predicts Bitcoin will stay near current levels through year-end
Bitcoin price outlook remains stable through 2026, says Bitget CEO
Gracy Chen, CEO of the cryptocurrency exchange Bitget, expects Bitcoin to stay close to its current price levels by the end of 2026. She believes macroeconomic conditions, such as interest rates, will keep Bitcoin trading within a narrow range.
Chen shared her views on Cointelegraph’s Trade Secrets podcast. She said predicting whether Bitcoin will finish the year above or below $70,000 is difficult. Higher interest rates could push prices down, as Bitcoin is now more connected to traditional financial markets.
Her forecast suggests Bitcoin could end the year $10,000 to $20,000 higher or lower than its current price. As of the interview, Bitcoin was trading around $78,000.
Key factors influencing Bitcoin’s price
- Bitcoin’s price is increasingly tied to traditional financial markets.
- Higher interest rates could put downward pressure on Bitcoin.
- Chen’s forecast range: $10,000 to $20,000 above or below current levels.
- Bitcoin was trading near $78,000 at the time of the interview.
US government unlikely to buy Bitcoin soon
Chen also expressed skepticism about the US government purchasing Bitcoin for its national reserve in the near future. She called such a move unlikely within the next two years, despite the Trump administration’s crypto-friendly policies.
The US government already holds over 328,000 Bitcoin, mostly from law enforcement seizures. In March 2025, the Trump administration created a Strategic Bitcoin Reserve using forfeited Bitcoin. However, Chen said actively buying more Bitcoin would require significant political debate.
What is confirmed
- Bitget CEO Gracy Chen expects Bitcoin to trade within $10,000 to $20,000 of its current price by the end of 2026.
- The US government holds over 328,000 Bitcoin, mostly from seizures.
- The Trump administration established a Strategic Bitcoin Reserve in March 2025.
- Chen believes the US is unlikely to buy more Bitcoin in the next two years.
What is still unclear
- Whether Bitcoin will finish the year above or below $70,000 remains uncertain.
- The exact impact of interest rates on Bitcoin’s price is not fully predictable.
- No timeline exists for potential US government Bitcoin purchases beyond Chen’s two-year estimate.
Why this matters for crypto markets
Chen’s outlook suggests Bitcoin may not see major price swings before the end of 2026. This stability could influence investor strategies, especially if traditional financial conditions remain uncertain.
The debate over US government Bitcoin purchases also highlights the challenges of integrating crypto into national reserves. Political and regulatory hurdles could delay such moves, even in a crypto-friendly administration.
