BitGet CEO: "Bitcoin Unlikely to Fall Below $70,000"

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Son Min

Summary

  • BitGet CEO Gracie Chen said that Bitcoin is unlikely to fall below $70,000.
  • She stated that the $73,000 level for Bitcoin would be a good entry point.
  • She added that Bitcoin could reach $200,000 within the next 1-2 years.

Amid growing macroeconomic uncertainty, an opinion has emerged that Bitcoin (BTC) is unlikely to fall below $70,000.

On the 18th (local time), BitGet CEO Gracie Chen told Cointelegraph in an interview, "Despite the global trade war, Bitcoin is unlikely to fall below $70,000," adding that "the $73,000 level would be a good entry point." She further added that Bitcoin could reach $200,000 within the next 1-2 years.

As of 8:29 PM, Bitcoin is trading at $82,715 on Binance's USDT market, down 1% from 24 hours ago.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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