Bitget CEO Gracy Chen has forecasted that Bitcoin's price will likely remain within the range of $10,000 to $20,000 by year-end. Chen's prediction is based on macroeconomic uncertainty.
Source
"Bitget CEO Gracy Chen Forecasts Bitcoin Price Stagnation" — Cointelegraph
This article is Bitcoincryptos' summary and analysis of reporting originally published by Cointelegraph. Read the full original report at the link above.
The CEO also expressed skepticism about the US government purchasing Bitcoin within the next two years. This suggests that institutional investment may not be a driving force for price growth in the short term.
BTC · 7D · $77,160+22.8%