Bitget’s CEO Thinks This Bitcoin Rally Is a Trap. She’s Waiting for $50K

NewsTue, 25 Aug 2026 06:30:48 UTC2 hours ago

TLDR

  • Bitget CEO Gracy Chen says Bitcoin’s rally above $79,000 may not last
  • She plans to buy more BTC personally if it drops to around $50,000
  • Most of her portfolio is in Bitcoin and the S&P 500, with under 1% in Ethereum and Solana
  • She supports Hyperliquid but is critical of memecoins
  • Chen does not believe Bitcoin will reach $1 million by 2030

Bitget CEO Gracy Chen is not convinced that Bitcoin’s recent climb above $79,000 signals the end of the bear market. She has said she is waiting for a drop to around $50,000 before adding to her personal Bitcoin holdings.

Chen made the comments in an interview, describing herself as “just an exchange CEO” and someone who is “not particularly good at price analysis.” Despite that, she shared a clear personal strategy: hold stablecoins and wait for a better entry point.

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