Bitget CEO Gracy Chen Declines Bitcoin Rally, Eyes $50K Buying Zone

Bitget CEO Gracy Chen dismisses Bitcoin's surge to $79,000 as a temporary spike and is waiting for a pullback to the $50,000 level.

Strategic Patience After the Peak

Chen keeps the bulk of her holdings in stablecoins, watching for a drop of more than $25,000 from current levels as a buying signal. “My personal Bitcoin repurchase price is around $50K,” she tells Trade Secrets.

Portfolio Composition and Liquidity Preferences

■Bitcoin and the S&P 500 dominate her allocation; alt‑coin exposure is under 1%.

■Ethereum and Solana together account for only ~0.5% of the portfolio.

■Hyperliquid (HYPE) is the sole alt‑coin she favours, pending CFTC approval for U.S. market entry.

Market Outlook and Peer Sentiments

Veteran trader Peter Brandt and Transform Ventures founder Michael Terpin project a potential 66% correction, dragging Bitcoin into the $40K range. Chen, however, sees a possible $20,000 upside by year‑end.

Bottom Line: Risk‑Reward Landscape Toward 2026

■Short term: >$25,000 pullback = buying trigger.

■Mid term: $50K target, liquidity management is key.

■Long term: Potential breach of $100K by 2026, but $1M by 2030 looks doubtful.

Markets are highly reactive to CEO sentiment; Chen’s low‑risk stablecoin stance may prompt a reshuffling of liquidity pools. Advances in layer‑2 scaling and cross‑chain liquidity networks could reinforce the $50K support zone, while regulatory moves like the CFTC’s decision on Hyperliquid may inject fresh capital into the alt‑coin space and amplify volatility.