Bitget CEO Predicts $50K Bitcoin Price Drop Amid Skepticism

Gracy Chen, CEO of Bitget, is skeptical about Bitcoin's recent surge above $79,000. In her view, this doesn't necessarily mean a sustained bullish market phase has begun.

Chen intends to purchase more BTC if prices decline to approximately $50,000, marking a decrease exceeding $25,000 from current valuation levels.

This perspective aligns with other industry voices. Michael Terpin of Transform Ventures suggested Bitcoin might experience a 66% correction from its October 2025 peak of $126,100, potentially bringing prices into the $40,000 territory.