{"id":27506,"date":"2026-03-20T08:32:00","date_gmt":"2026-03-20T08:32:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=27506"},"modified":"2026-03-20T10:33:48","modified_gmt":"2026-03-20T10:33:48","slug":"buy-bitcoin-bitget-ceo-analysis","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/buy-bitcoin-bitget-ceo-analysis\/","title":{"rendered":"Is now the right time to buy Bitcoin? Bitget CEO weighs In"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"bitcoin-btc-hits-a-wall-bull-run-or-bull-trap\">Bitcoin (BTC) Hits a Wall: Bull Run or Bull Trap?<\/h2>\n\n\n\n<p>After nearly touching $76,000 on March 17, <a href=\"https:\/\/investx.fr\/en\/learn\/crypto\/bitcoin\/\"><strong>Bitcoin<\/strong>&#8216;s<\/a> price suffered a violent <strong>retracement<\/strong>, plummeting brutally to around $68,690 within 48 hours. Since this low point, the queen of cryptocurrencies has begun a tentative 3% recovery, stabilizing above $70,700. While this short-term momentum appears positive, the overall market structure remains deeply <strong>bearish<\/strong>. A bearish order block on the 6-hour timeframe has formed at the local top. A return to the <strong>$66,000 to $68,000 zone<\/strong> in the coming days is likely.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"764\" src=\"https:\/\/investx.fr\/en\/wp-content\/uploads\/sites\/5\/2026\/03\/BTCUSD_2026-03-20_08-40-27-1024x764-1.jpg\" alt=\"Bitcoin price chart over 6 hours with order blocks and CVD\" class=\"wp-image-27504\" srcset=\"https:\/\/investx.fr\/en\/wp-content\/uploads\/sites\/5\/2026\/03\/BTCUSD_2026-03-20_08-40-27-1024x764-1.jpg 1024w, https:\/\/investx.fr\/en\/wp-content\/uploads\/sites\/5\/2026\/03\/BTCUSD_2026-03-20_08-40-27-1024x764-1-300x224.jpg 300w, https:\/\/investx.fr\/en\/wp-content\/uploads\/sites\/5\/2026\/03\/BTCUSD_2026-03-20_08-40-27-1024x764-1-768x573.jpg 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Trader Killa, for example, is calling for capitulation in April and a bottom in July. Indeed, the formation of a head-and-shoulders pattern threatens to send the price plunging. A break below the critical support level of $67,800 could trigger a rapid 8% drop, bringing BTC back toward the <strong>$61,800 zone<\/strong>. Short positions are accumulating massively, intensifying pressure on the order book.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"gracy-chens-major-warning-liquidity-is-drying-up\">Gracy Chen&#8217;s Major Warning: Liquidity is Drying Up<\/h2>\n\n\n\n<p>The real threat doesn&#8217;t just come from technical analysis, but from macroeconomic fundamentals. Gracy Chen, CEO of Bitget exchange, recently spoke out to warn about increasingly restrictive liquidity conditions. According to her, it&#8217;s far too early to claim the bear market is over, as capital flows haven&#8217;t yet returned to optimal levels to support a genuine <strong><a href=\"https:\/\/investx.fr\/en\/crypto-news\/bnb-xrp-bull-run\/\">bull run<\/a><\/strong>.<\/p>\n\n\n\n<p>On X, the executive clarified her thinking regarding her investment strategy:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The <strong>$60,000 to $70,000 zone<\/strong> remains suitable for a dollar-cost averaging (DCA) strategy.<\/li>\n\n\n\n<li>This is absolutely not the time to go &#8220;all-in&#8221; on the crypto market.<\/li>\n\n\n\n<li>She would wait for a deeper <strong>retracement<\/strong>, toward $50,000, to deploy her entire capital.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"is-this-the-right-time-to-buy-bitcoin-before-the-next-breakout\">Is This the Right Time to Buy Bitcoin Before the Next Breakout?<\/h2>\n\n\n\n<p>Faced with these contradictory signals, traders are navigating by sight. On one hand, maintaining above $70,000 offers hope for a <strong>breakout<\/strong>. On the other, the selling pressure and lack of institutional liquidity highlighted by Bitget suggest that a severe <strong>correction<\/strong> is still on the table. Moreover, the most experienced traders are waiting for a correction <strong>below $60,000<\/strong> to accumulate again.<\/p>\n\n\n\n<p>If the 8% drop scenario materializes, it could offer a golden opportunity to accumulate BTC at discounted prices. However, a new bounce toward $78,000 is still possible if BTC maintains its current level.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/t.me\/+z-a5LKRM7HxkNWZk\" target=\"_blank\" rel=\"noreferrer noopener\">Roro Crypto &#8211; Get free trades on our private group!<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>Related Articles:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/investx.fr\/en\/crypto-news\/ai-xrpl-xrp-impact\/\">AI agents arrive on XRPL: What impact on XRP?<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/investx.fr\/en\/crypto-news\/coinbase-seed-phrase-scam\/\">Red alert on Coinbase: Seed phrase scam and security breach<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/investx.fr\/en\/crypto-news\/gold-silver-retail-buys-wall-street-sells\/\">Gold and silver: Retail investors triple purchases while Wall Street sells off<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin&#8217;s price is up, but is it a good buy? Bitget&#8217;s CEO analyzes the market, warning of potential risks. Get the latest insights!<\/p>\n","protected":false},"author":32,"featured_media":27505,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_yoast_wpseo_focuskw":"buy bitcoin","_yoast_wpseo_title":"Bitcoin: Should you buy now? Bitget CEO's analysis","_yoast_wpseo_metadesc":"Bitcoin's price is up, but is it a good buy? Bitget's CEO analyzes the market, warning of potential risks. Get the latest insights!","footnotes":"","faq_titre":"","questions_frequentes":"","custom_permalink":"crypto-news\/buy-bitcoin-bitget-ceo-analysis"},"categories":[12,10],"tags":[],"class_list":["post-27506","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","category-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bitcoin: Should you buy now? Bitget CEO&#039;s analysis<\/title>\n<meta name=\"description\" content=\"Bitcoin&#039;s price is up, but is it a good buy? Bitget&#039;s CEO analyzes the market, warning of potential risks. 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