Bitget CEO Isn’t Buying the Bitcoin Rally — She’s Waiting for $50K
5 Articles
5 Articles
Bitget CEO Says It’s Waiting for Bitcoin’s $50K, Not Chasing Rally
Bitget CEO Gracy Chen says she does not view Bitcoin’s recent surge toward the $79,000 area as proof the bear market is finished. In an interview on Trade Secrets, Chen argued that downside could still be ahead and indicated she is prepared to keep a large portion of her own portfolio in stablecoins while waiting for a better entry level. Chen said she would personally look to buy Bitcoin again if the market drops by more than $25,000 from curre…
Bitget CEO Gracy Chen Targets $50,000 Bitcoin Entry as Rally Hits $79,000
Gracy Chen wants more Bitcoin. But not at these prices. The Bitget CEO said she’s eyeing a personal buyback around… Read the original on Bitget CEO Gracy Chen Eyes $50,000 Bitcoin Buyback Amid $79,000 Rally. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Gracy Chen, CEO of Bitget, is not convinced that the recent rebound marks the end of the bear market. Although BTC approaches USD $80,000 after rising more than 23% in a week, the executive maintains a significant share of her portfolio in stablecoins and considers the USD $50,000 area as an attractive level to buy back. *** Bitcoin rounds USD $79,200, with an increase of 2.66% in 24 hours and more than 23% per week, according to CoinMarketCap. …
Bitget CEO: Bitcoin’s Rebound May Not Last — Plans To Buy More Near $50K
BitcoinWorld Bitget CEO: Bitcoin’s rebound may not last — plans to buy more near $50K Gracy Chen, CEO of cryptocurrency exchange Bitget, has cast doubt on the sustainability of Bitcoin’s recent price recovery, saying she expects to add to her personal holdings if the asset drops to around $50,000 in the second half of this year or early next year. In an interview with Cointelegraph, Chen acknowledged that Bitcoin’s climb back above $79,000 does…
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