- Chen, CEO of Bitget, stated that the optimal buying time for Bitcoin is when the price is between $73,000 and $78,000.
- She mentioned that the prospect of Bitcoin reaching $200,000 within the next 1-2 years is by no means unrealistic.
- She emphasized that President Trump's tariff and virtual asset policies are a strategy to endure short-term pain for long-term gain.
- The article was summarized using an artificial intelligence-based language model.
- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
Gracy Chen, CEO of the global virtual asset exchange Bitget, predicted that "the possibility of Bitcoin prices falling below $70,000 is low."
In a written interview with CoinDesk on the 20th, CEO Chen stated, "The current market is likely to undergo a controlled decline phase." She added, "When the Bitcoin price is between $73,000 and $78,000, it could be a good entry point for buyers," and "It is by no means an unrealistic prospect for Bitcoin to reach $200,000 within the next 1-2 years."
She also mentioned the policy direction of U.S. President Donald Trump. CEO Chen said, "Trump's strategy is clear," and "(The strategy is) to manage costs by utilizing tariffs and virtual asset policies and to pressure for interest rate cuts to promote growth in the tech and artificial intelligence (AI) industries." She added, "(Trump's strategy) is a strategy that endures short-term pain for long-term gain."
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