Bitget CEO Warns of Bitcoin Pullback Amid Memecoin Criticism
Bitget CEO Gracy Chen is skeptical about Bitcoin's recent surge above $79,000. She expects a pullback to around $50,000 before increasing her holdings.
Chen maintains a cautious investment approach focused on Bitcoin and the S&P 500 with minimal exposure to other cryptos like Ethereum and Solana.
She criticized memecoin projects and dismissed predictions of Bitcoin reaching $1 million by 2030, citing historical cycle trends.