{
  "id": 3032969,
  "title": "Bitget CEO isn’t buying the Bitcoin rally — She’s waiting for $50K",
  "url": "https://urgent.news/2026/08/24/bitget-ceo-isnt-buying-the-bitcoin-rally-shes-waiting-for-50k",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-24T13:30:00.000Z",
  "source": {
    "name": "Cointelegraph",
    "slug": "cointelegraph",
    "url": "https://cointelegraph.com/magazine/bitget-ceo-isnt-buying-the-bitcoin-rally-waiting-for-50k"
  },
  "original_language": "en",
  "account": "Bitget CEO Gracy Chen is skeptical about the current Bitcoin rally and believes it is not sustainable. She plans to purchase more BTC around the $50K level later in 2026 or early next year. Chen is not convinced that Bitcoin's recent surge to $79,000 marks the end of the bear market and is keeping a large portion of her portfolio in stablecoins, waiting for a drop of over $25,000 from current prices as a potential buying opportunity. She is unsure about Bitcoin's future price, but acknowledges that it could potentially reach $20,000 higher by year-end. Chen's personal price target for Bitcoin is currently $50,000, but she does not place significant importance on her prediction. She is just an exchange CEO, emphasizing that their expertise lies in providing a trading platform rather than analyzing Bitcoin's price.",
  "summary": "Bitget CEO Gracy Chen doesn’t believe the current Bitcoin rally is sustainable, and she aims to buy more BTC around the $50K mark later in 2026 or early next year.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}