Bitget CEO Sees BTC Near Current Levels by Year-End

Bitget CEO Gracy Chen expects Bitcoin to remain broadly range-bound into year-end, arguing that macroeconomic uncertainty could keep the asset trading within roughly $10,000 to $20,000 of current levels. Her view implies a market that may continue to absorb strong structural demand, but without enough policy clarity or macro stability to justify a decisive breakout.

Chen’s comments arrive at a time when crypto sentiment remains constructive. The broader market is still operating in a risk-on environment, with the global Fear & Greed reading at 71, a level that typically reflects healthy speculative appetite. Even so, her outlook suggests that bullish positioning may be running ahead of near-term fundamentals, particularly if inflation, rates, or geopolitical risk reintroduce volatility into digital asset markets.

A key part of Chen’s thesis is that the U.S. government is unlikely to become a meaningful Bitcoin buyer in the next two years. That matters because state-level or federal accumulation would represent a powerful symbolic and liquidity signal for the market. In practice, however, such a move would face political, legal, and budgetary constraints, making it a low-probability catalyst in the current policy cycle.

For investors, the message is not bearish in the structural sense. Rather, it points to a market that may continue to trade on ETF flows, macro liquidity, and positioning dynamics instead of on headline-grabbing sovereign adoption narratives. If Bitcoin remains near current levels through year-end, it would still represent resilience rather than stagnation, especially after the asset’s recent re-rating across institutional portfolios.

The implication for trading desks is straightforward: expect range expansion around macro data releases, but avoid assuming that policy headlines alone will drive a sustained repricing. For users evaluating execution during periods of elevated volatility, tools such as the [Squaby Swap Router](https://swap.squaby.com) can help compare routes and reduce slippage, while [Squaby Academy](https://squaby.com/academy) offers educational context on macro-driven crypto cycles.