{"id":12278,"date":"2026-08-24T07:53:14","date_gmt":"2026-08-24T07:53:14","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=12278"},"modified":"2026-08-24T07:53:14","modified_gmt":"2026-08-24T07:53:14","slug":"bitcoin-could-stay-range-bound-through-year-end-bitget-ceo-says","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=12278","title":{"rendered":"Bitcoin Could Stay Range-Bound Through Year-End, Bitget CEO Says"},"content":{"rendered":"<p><\/p>\n<div>\n<div id=\"blockquote-block_6626980e85497950a536e38753f9d33c\" class=\"blockquote-container\" style=\"border-color: #5100fc\">\n<div class=\"blockquote-text\">\n<ul>\n<li>Bitget CEO Gracy Chen predicts Bitcoin will finish 2026 within US$10k to US$20k of its current price, favouring a cautious rather than bold forecast.<\/li>\n<li>She points to Bitcoin\u2019s deepening ties with mainstream finance, meaning interest rates and liquidity conditions now weigh heavily on its price.<\/li>\n<li>Her outlook aligns with prediction market Kalshi, where traders similarly expect consolidation rather than a sharp rally or decline before year-end.<\/li>\n<li>Chen is sceptical Washington will actively buy Bitcoin within two years, arguing it would be a far bigger policy shift than simply holding seized reserves.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p class=\"wp-block-paragraph\">Bitget\u2019s chief executive Gracy Chen has pushed back against expectations of a decisive Bitcoin breakout before year-end. Instead, she\u2019s predicting that the asset will likely settle somewhere within US$10,000 (AU$13,952) to US$20,000 (AU$27,906) of its current trading range.<\/p>\n<p class=\"wp-block-paragraph\">Appearing on <em>Cointelegraph\u2019s<\/em> Trade Secrets podcast, Chen said calling whether Bitcoin finishes 2026 above or below the US$70,000 (AU$97,673) mark is no easy task, given how much sway monetary policy now holds over the asset\u2019s trajectory. She believes that if interest rates climb further, the pressure on prices would likely follow.<\/p>\n<p class=\"wp-block-paragraph\">\u201cIf any of that happens, the price should go down, at least theoretically\u201d, she said, framing her outlook as the more cautious, \u201cresponsible\u201d read rather than a bold directional call.<\/p>\n<p class=\"wp-block-paragraph\">She based her insight on how deeply Bitcoin has become woven into mainstream finance. With institutional holders, exchange-traded products and corporate treasuries now accounting for a much larger share of ownership than in previous cycles, the asset has grown increasingly sensitive to the same forces that move traditional markets \u2013 chiefly interest rates and broader liquidity conditions.<\/p>\n<p class=\"wp-block-paragraph\"><strong>Read more:<\/strong><strong> <\/strong><strong>Bitcoin Breaks $75,000 as Short Squeeze Fuels Rally<\/strong><\/p>\n<p class=\"wp-block-paragraph\">Chen\u2019s forecast is broadly in line with sentiment on prediction platform Kalshi, where bettors are also leaning towards a period of consolidation rather than a sharp rally or sell-off. The two views suggest Bitcoin could spend the rest of the year moving within a relatively narrow range rather than making a decisive move in either direction.\u00a0<\/p>\n<h2 id=\"h-us-gov-not-buying-btc-soon-says-chen\" class=\"wp-block-heading\">US Gov Not Buying BTC Soon, Says Chen<\/h2>\n<p class=\"wp-block-paragraph\">The Bitget executive also poured cold water on the idea that Washington might soon become an active Bitcoin buyer. The Strategic Bitcoin Reserve set up under the Trump administration in March 2025 was built almost entirely from BTC already seized through law enforcement action \u2013 some 328,372 coins, according to BitcoinTreasuries.NET \u2013 rather than assets purchased on the open market. Turning that reserve into a genuine accumulation programme, Chen argued, would mark a far bigger and more contentious policy shift than simply holding onto what the government already has.<\/p>\n<p class=\"wp-block-paragraph\">\u201cFrom a policy perspective, it\u2019s probably unlikely\u201d, Chen said. \u201cI just don\u2019t see it coming right now.\u201d She placed the odds of such a move within the next two years as slim, even accounting for the administration\u2019s broadly favourable stance toward digital assets.<\/p>\n<p class=\"wp-block-paragraph\">Absent direct government purchases, Chen suggested the more consequential drivers for Bitcoin through the rest of the year will remain familiar ones: ETF inflows, corporate treasury accumulation, and shifting expectations around where interest rates head next.<\/p>\n<p class=\"wp-block-paragraph\"><strong>Read more:<\/strong><strong> <\/strong><strong>SEC Unveils Major Crypto Rules Push Under Trump<\/strong><\/p>\n<\/p><\/div>\n<p>Bitcoin,Bitget#Bitcoin #Stay #RangeBound #YearEnd #Bitget #CEO1787557994<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitget CEO Gracy Chen predicts Bitcoin will finish 2026 within US$10k to US$20k of its current price, favouring a cautious rather than bold forecast. She points to Bitcoin\u2019s deepening ties with mainstream finance, meaning interest rates and liquidity conditions now weigh heavily on its price. Her outlook aligns with prediction market Kalshi, where traders similarly<\/p>\n","protected":false},"author":1,"featured_media":12279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[91,3975,219,6463,2106,873],"class_list":["post-12278","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin","tag-bitcoin","tag-bitget","tag-ceo","tag-rangebound","tag-stay","tag-yearend"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bitcoin Could Stay Range-Bound Through Year-End, Bitget CEO Says - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=12278\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Could Stay Range-Bound Through Year-End, Bitget CEO Says\" \/>\n<meta property=\"og:description\" content=\"Bitget CEO Gracy Chen predicts Bitcoin will finish 2026 within US$10k to US$20k of its current price, favouring a cautious rather than bold forecast. 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