Bitget CEO Reveals When Bitcoin Will Hit $200,000

Many analysts have predicted an increase in bitcoin in this cycle at levels above $ 200,000. However, the fall of cryptocurrency at the end of February – March 2025 forced market players to revise their forecasts

The Russia Beincrypto team interviewed Gracy Chen, the CEO of Bitget. She revealed that Bitcoin (BTC) still had the strength to exceed the milestone of $ 200,000.

The American government could start buying Bitcoin soon – CEO of Bitget

Chen drew attention to the fact that many were perplexed by the fall of Bitcoin in the context of the pro-Crypt rhetoric of the current American president, Donald Trump. She noted that in America, they began to make the idea of ​​forming a strategic bitcoin reserve.

“So far, the government does not buy BTC, but it can change soon. Such a step will give institutional legitimacy to cryptocurrency and provide long-term support,” said Chen to Beincrypto.

Meanwhile, Chen drew attention to a bill progressing at the Stablecoins Congress. In his opinion, the initiative indicates a serious transition to a blockchain -based financial system.

“Some major players, including Elon Musk, plan to issue their own stablecoins, and Trump’s team considers stablecoins as a means of strengthening the status of the dollar as a global reserve currency,” said Chen more.

She too discussed the situation of the American economy. The American Minister of Finance, Scott Bessent, referred to a controlled economic slowdown. If this is true, the expert is sure that Trump’s strategy is clear: blame Biden for the recession, use tariffs and cryptographic stories to contain costs and seek to reduce interest rates to stimulate the growth of technology and AI.

“Short -term pain for long -term gain – that’s the plan,” said Chen.

Since the Bitcoin position largely depends on macroeconomics, investors must monitor Trump’s shares.

“Anyway, I do not see the BTC less than $ 70,000, rather 73 to $ 78,000, which is a good entry point for those who hesitate. In the next 1 to 2 years, the BTC at $ 200,000 no longer seems impossible,” concluded Chen.