Citi Cuts Bitcoin Target To $82,000 As ETF Demand Weakens
Wall Street’s Bitcoin expectations have taken another hit. Citi has cut its 12-month Bitcoin target to $82,000 from $112,000, pointing to weaker investor appetite, negative ETF flows, and a slower regulatory backdrop in the United States. The move is not just another forecast revision. It shows how much of the institutional Bitcoin thesis still depends…
Citi Projects $143,000 Base Case For Bitcoin In 12-Month Outlook
Bitcoin is back in focus after an outlook from Citigroup, where analysts mapped out a wide price range for the next year that captures both upside momentum and lingering downside risks. The bank’s latest projections point to a base-case target of $143,000 over the next 12 months, anchored in expectations around a growth in ETF…