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Bitcoin Year-End Price Outlook: Bitget CEO Weighs In

Cointelegraph by Nate Kostar by Cointelegraph by Nate Kostar
August 21, 2026
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Bitcoin Year-End Price Outlook: Bitget CEO Weighs In
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Bitget CEO Gracy Chen expects Bitcoin to stay broadly round present ranges via the top of the 12 months regardless of its latest surge, citing rates of interest and broader macroeconomic circumstances as key components shaping the cryptocurrency’s outlook.

Talking on Cointelegraph’s Commerce Secrets and techniques podcast, Chen stated predicting whether or not Bitcoin (BTC) will end the 12 months above or beneath $70,000 is troublesome, pointing to the potential of greater rates of interest as one issue that would strain costs.

Cointelegraph host interviews Bitget CEO Gracy Chen. Supply: Trade Secrets

“If any of that occurs, the worth ought to go down, not less than theoretically,” Chen stated, including that BTC has turn into more and more built-in with conventional finance and delicate to broader macroeconomic circumstances.

“My guess is perhaps across the identical vary,” Chen stated, including that BTC may end the 12 months $10,000 to $20,000 above or beneath present ranges, which she described as her “extra accountable” forecast.

Associated: Bitcoin rally sends crypto stocks soaring as miners, treasury companies jump

Chen sees US Bitcoin purchases as unlikely

Chen was additionally skeptical that the US authorities will start buying Bitcoin for its nationwide reserve earlier than the top of President Donald Trump’s time period, calling such a transfer unlikely throughout the subsequent two years.

The Trump administration established a Strategic Bitcoin Reserve in March 2025 utilizing BTC already forfeited to the federal authorities, whereas directing officers to discover budget-neutral methods for buying extra BTC.

The US authorities at the moment holds an estimated 328,372 BTC, in line with BitcoinTreasuries.NET, a lot of it accrued via regulation enforcement seizures and asset forfeitures somewhat than direct purchases.

High 5 authorities Bitcoin holdings. Supply: BitcoinTreasuries.NET

Chen stated actively buying Bitcoin could be a considerably larger coverage choice, requiring debate amongst lawmakers and political events regardless of the administration’s broadly crypto-friendly stance.

“From a coverage perspective, it’s most likely unlikely,” Chen stated. “I simply don’t see it coming proper now.”

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



Cointelegraph by Nate Kostar Bitcoin Year-End Price Outlook: Bitget CEO Weighs In cointelegraph.com 2026-08-21 20:26:16

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