Bitget’s CEO Stays Skeptical: Why She’s Not Caught Up in the Bitcoin Hype

I have to admit: when I first read Gracy Chen’s statement, I paused. Not because it was wrong or exaggerated—but because it was so human. In an industry that often swings between euphoric hype and panicked crashes, she remains refreshingly composed.
Chen, CEO of the major crypto exchange Bitget, watches the current Bitcoin boom with a shake of her head. Yes, prices are rising. Yes, headlines are celebrating. But she stays resolute. “The market is driven right now by speculation and fleeting ego,” she tells me in our conversation. “And that rarely ends well.”
So what’s her strategy? Patience. And even more patience. She plans to buy aggressively only if Bitcoin falls to $50,000—or lower—within the next two years. Sounds crazy? To her, it’s just common sense. “$50,000 would be a fair price,” she explains. “That’s when the air comes out of the bubble, and Bitcoin isn’t as vulnerable to wild rollercoaster rides.”
What’s interesting is that she’s not alone. Other sharp minds in the crypto space share her view. While one half of the community is already launching rockets to the moon (“To the moon!”), the other warns of potential bubble formation—and Chen clearly belongs to the latter. “Crypto is not a sprint,” she says with



a smile in her voice. “It’s a marathon. And if you’re running it, you shouldn’t be out of breath at every hill.”
But let’s be honest: who can really say what will happen? After the last “halving” in April 2024, Bitcoin surprised everyone—and surged. Still, Chen sticks to her assessment: “Fundamentals must align. Only when pressure builds again does an entry make sense.”
Her caution is also understandable when you consider what’s at stake. Bitget is a global platform with millions of users. If the CEO were overly optimistic, investors might be pushed into risky decisions—and that’s the last thing she wants. Responsibility isn’t a hollow word to her.
Yet she remains convinced: “Cryptocurrencies like Bitcoin will prevail.” The underlying technology is simply too revolutionary. Her advice to all of us? “Don’t invest out of FOMO—do it with a clear head.”
So, will she be proven right? Maybe. Maybe not. But one thing is certain: in a world full of loud voices, it’s refreshing to hear someone say no—and still remain optimistic.
Who knows—maybe in two years, she’ll have the upper hand. Or maybe she’ll miss out. But one thing is clear: she’s not acting out of fear, but conviction. And that’s worth more than any short-term hype.