Odaily Planet Daily reports that a recent Forbes article cited Bitget CEO Gracy Chen's latest views on ETF inflows and the impact of institutional funds. She pointed out that the core driver of Bitcoin's price has shifted to liquidity in the US market, rather than capital from Europe, the Middle East, or Asia. Funds from these regions tend to flow into the gold and stock markets, which explains the strong performance of gold, AI-related US stocks, and Chinese stock indices this year.
Gracy Chen believes that once the US government ends its shutdown in November (according to Polymarket's forecast, it may resume operations on the 14th), fiscal spending and market liquidity will restart; if the Federal Reserve pauses its balance sheet reduction and starts a rate-cutting cycle in December, a new bull market for Bitcoin may officially begin.
Back in January, Gracy Chen boldly predicted that "BTC is poised to break through $130,000 and further surge towards $150,000 to $200,000." While this goal has not yet been achieved, she emphasized that once the government shutdown ends and the Federal Reserve shifts to a more accommodative stance, it's only a matter of time before Bitcoin reaches $150,000, whether in the fourth quarter of this year or the first quarter of next year. "I've personally gone all-in again and look forward to witnessing Bitcoin reach a new all-time high with everyone."
