Bitget CEO who predicted $200K Bitcoin says it’s a ‘good time to buy’

As Bitcoin (BTC) continues sliding, Bitget CEO Gracy Chen thinks the recent weakness has less to do with deteriorating fundamentals and more to do with a structural liquidity shock that hit the crypto market on Oct. 10 last year. Speaking with TheStreet Roundtable host Jackson Hinkle, Chen argued that crypto’s macro backdrop remains constructive despite the ongoing price slump. “The fundamentals still look pretty good for crypto or for Bitcoin in general to go up,” Chen said. Interest rates are going do ...