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Bitget CEO doubts Bitcoin's $79K rally will last, eyes $50K for buying opportunity.

Market News
25 Aug 2026
Blockonomi
View Source
Neutral
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Bitget CEO Gracy Chen expressed skepticism about Bitcoin's recent rise above $79,000, expecting a pullback to around $50,000 before increasing her holdings. She maintains a cautious investment approach focused on Bitcoin and S&P 500, with minimal exposure to other cryptos like Ethereum and Solana. Chen also criticized memecoin projects and dismissed predictions of Bitcoin reaching $1 million by 2030, citing historical cycle trends. Her stance highlights a cautious outlook amid current market volatility and differing investor strategies.

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