Bitget CEO Sees Bitcoin Ending 2026 in Narrow Price Range
Bitget CEO Gracy Chen expects Bitcoin to end 2026 within $10,000 to $20,000 of its current price. This prediction is supported by a convergence of market signals and industry views on the cryptocurrency's trajectory.
Chen stated that institutional ownership and growing connections with traditional finance have made macroeconomic conditions increasingly important for Bitcoin's performance. Higher interest rates could pressure the asset in several ways, including increased returns from cash and government debt, higher financing costs, and reduced liquidity for speculative assets.
The Bitget CEO also expressed skepticism about the U.S. government directly purchasing Bitcoin before the end of President Donald Trump's term. She argued that such a move would be unlikely due to policy considerations and the potential impact on expectations beyond the immediate amount purchased.
Kalshi prediction market pricing, which reflects collective sentiment through contract pricing tied to specific price thresholds, also points toward a range-bound Bitcoin market. The alignment of this signal with Chen's view highlights the importance of considering macroeconomic conditions and private-sector demand in predicting Bitcoin's performance.