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

Bitget CEO Gracy Chen said Bitcoin is likely to stay broadly around its current level through the end of the year, even after its recent rally. Speaking on Cointelegraph’s Trade Secrets podcast, Chen said interest rates and wider macroeconomic conditions are the main forces shaping Bitcoin’s outlook. She said it is difficult to predict whether Bitcoin (BTC) will end the year above or below $70,000, and added that higher interest rates could pressure prices. "If any of that happens, the price should go down, at least theoretically," Chen said. Chen said Bitcoin has become more closely tied to traditional finance and is therefore more sensitive to broader macroeconomic conditions. "My guess is maybe around the same range," she said, adding that BTC could end the year $10,000 to $20,000 above or below current levels. She described that as her "more responsible" forecast. ## Chen doubts the US will buy Bitcoin Chen was also skeptical that the US government will start buying Bitcoin for its national reserve before the end of President Donald Trump’s term. She called 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 ways to acquire additional BTC. The US government currently holds an estimated 328,372 BTC, according to BitcoinTreasuries.NET. Much of that came from law enforcement seizures and asset forfeitures rather than direct purchases. Chen said actively buying Bitcoin would be a much bigger policy decision and would require debate among lawmakers and political parties, even with the administration’s generally crypto-friendly stance. "From a policy perspective, it’s probably unlikely," Chen said. "I just don’t see it coming right now."