Bitget CEO: If the Federal Reserve pauses its balance sheet reduction in December and starts a rate-cutting cycle, Bitcoin may see a new all-time high

November 11th - In a recent article published by Forbes, Bitget CEO Gracy Chen's latest views on ETF inflows and the impact of institutional funds were quoted. She pointed out that the current core driver of Bitcoin's price has shifted to the liquidity in the U.S. market rather than the capital from Europe, the Middle East, or Asia. Funds from these regions are more inclined to flow into the gold and stock markets, which also explains the strong performance of gold, AI-related U.S. stocks, and Chinese stock indexes this year. Gracy Chen believes that once the U.S. government ends the shutdown in November (as predicted by Polymarket to resume operations on the 14th), fiscal spending and market liquidity will restart; if the Fed pauses its balance sheet reduction in December and initiates a rate cut cycle, a new bull market for Bitcoin may officially begin. As early as January this year, Gracy Chen boldly predicted, "BTC is expected to break through $130,000 and further surge to $150,000 to $200,000." Although this target has not yet been achieved, she emphasized that once the government shutdown ends and the Fed turns accommodative, it is only a matter of time for Bitcoin to reach $150,000, whether it is in the fourth quarter of this year or the first quarter of next year. "I have personally fully loaded again and look forward to witnessing Bitcoin set a new all-time high."