Bitcoin has been struggling to gain momentum, but Bitget CEO Gracy Chen believes a major game-changer could be on the horizon. In a conversation with Bloomberg, she shared her thoughts on what might spark the next big rally for BTC—and why some widely expected events, like the 2024 halving, weren’t real catalysts.
Could the U.S. Include Bitcoin in Its Strategic Reserve?
One of the biggest potential developments, according to Chen, is the stance of the new U.S. administration under President Donald Trump. She revealed that discussions are taking place about whether Bitcoin could be included in the U.S. strategic reserve, but nothing has been decided yet.
She cautioned investors not to get ahead of themselves, saying:
“I didn’t expect Bitcoin’s inclusion in the strategic reserve to become concrete in the first half of 2025—or even throughout the year.”
This means that while the idea is being debated, it might take much longer before any real action is taken.
Why the 2024 Halving Wasn’t a Game-Changer
Chen also addressed the 2024 Bitcoin halving, which many had hoped would trigger a price surge. However, she dismissed it as a non-factor, stating:
“The halving was not a catalyst because it was already priced in.”
Instead, she believes that unexpected macroeconomic events—rather than predictable milestones—are the real driving forces behind major price moves.
What’s Next for Bitcoin?
For now, Bitcoin’s price action remains uncertain, but Chen’s insights suggest that the next true catalyst may come from unforeseen developments in global finance or regulation.
