Bitget CEO Sees Bitcoin Pullback to $50K Before Sustained Rally
Bitget's CEO Gracy Chen remains skeptical about Bitcoin's recent price surge above $79,000.
She believes that a pullback to around $50,000 is more likely and has stated her intention to increase her personal BTC position if prices decline to this level.
Chen's investment portfolio consists mainly of Bitcoin and S&P 500 holdings, with minimal exposure to Ethereum and Solana.
She expressed enthusiasm for Hyperliquid, a decentralized finance protocol, but is critical of memecoin projects, stating 'retail investors are not stupid.'