Gracy Chen, CEO of crypto exchange Bitget, has revealed plans to buy more Bitcoin around the $50,000 price level in late 2026 or early 2027. According to CoinTelegraph, Chen expressed doubts about the sustainability of the current Bitcoin rally, signaling a cautious approach to further investment in the near term.
Chen’s strategy reflects a wait-and-see stance, suggesting she expects Bitcoin prices to stabilize or potentially correct before making significant acquisitions. This perspective contrasts with the current bullish sentiment in the crypto market, where Bitcoin has seen notable gains recently.
For Japanese investors and traders, who closely monitor Bitcoin’s price movements amid regulatory scrutiny and evolving market dynamics, Chen’s outlook highlights the importance of timing and risk management in crypto asset allocation.