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No Dip Below $70,000: Why Bitget CEO Believes Bitcoin’s Next Stop is $200,000 Beincrypto 20 Mar 2025

No Dip Below $70,000: Why Bitget CEO Believes Bitcoin’s Next Stop is $200,000 🚀

Gracy Chen, CEO of Bitget, shared insights with BeInCrypto Russia, expressing optimism for Bitcoin's future value exceeding $200,000. Despite recent declines, she believes institutional legitimacy could come from the US government forming a Bitcoin reserve.

She highlighted the significance of a Congressional bill on stablecoins and hinted at stablecoins like those by Elon Musk, as a means to bolster the dollar's status. Chen emphasized the interconnectedness of macroeconomics with Bitcoin's trajectory, saying BTC is unlikely to fall below $70,000. She views this range as a favorable entry point for investors.

Source: beincrypto.com ↗