Bitget CEO Awaits $50K Before Buying Back Into Bitcoin

Gracy Chen, the CEO of Bitget exchange, is not convinced that Bitcoin's recent rally to $79,000 marks the end of the bear market. Despite the significant price increase, she believes that a drop of more than $25,000 from current prices could be a good opportunity for her to buy back into Bitcoin.

Chen revealed in an interview that she is keeping a significant portion of her portfolio in stablecoins and waiting for Bitcoin's price to reach $50,000 before investing. This aligns with Terpin's prediction of Bitcoin falling '66%' from its October 2025 all-time high of $126,100.

Chen also expressed skepticism about the possibility of Bitcoin reaching $1 million by 2030, citing its diminishing returns across four-year cycles as a key reason. She emphasized that she is not an expert in analyzing Bitcoin prices and is simply sharing her personal thoughts based on her experience as an exchange CEO.