BeInCrypto Russia recently conducted an interview with Gracy Chen, the CEO of Bitget, where she shared her insights on the future trajectory of Bitcoin (BTC) amid recent market developments. Many analysts had previously anticipated that Bitcoin could reach levels above $200,000 during this market cycle. However, the decline in the cryptocurrency market towards the end of February and into March 2025 led market participants to adjust their expectations.

Gracy Chen expressed confidence in Bitcoin's potential to surpass the $200,000 mark, despite the recent downturn. She highlighted the confusion surrounding Bitcoin's price movement, especially given the supportive stance toward cryptocurrencies from former U.S. President Donald Trump. Chen mentioned that there was growing recognition in the U.S. regarding the concept of establishing a strategic Bitcoin reserve.

Additionally, Chen pointed out a bill currently under consideration in Congress related to stablecoins. She interpreted this legislative effort as a significant step toward transitioning to a financial system built on blockchain technology.

Furthermore, Chen discussed the state of the U.S. economy, referencing comments from Treasury Secretary Scott Bessent about the possibility of a managed economic slowdown. If accurate, she believes that Trump's strategy would involve attributing the economic downturn to the Biden administration, utilizing trade tariffs and cryptocurrency narratives to control expenses, and advocating for lower interest rates to foster the expansion of technology and artificial intelligence sectors.

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