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Citigroup has raised its 12-month $BTC price target to $113,000, up from its previous target of $82,000. The bank says the change is linked to renewed activity in the crypto market, improving economic conditions and fresh money flowing into Bitcoin ETF. �
Bitcoin was trading around $84,800 when the news was reported. This means Citi's new target is significantly above the current market price, but it is important to remember that a price target is a forecast, not a guarantee.
Citi also increased its 12-month target for Ethereum from $2,240 to $3,028. �
Reuters
The return of ETF inflows is an important factor because these funds provide investors with another way to gain Bitcoin exposure. CoinDesk also reported that Bitcoin ETF flows had recently moved back into positive territory for 2026. �
For crypto investors, the next few months could remain important as Bitcoin reacts to ETF flows, interest rates and wider market conditions.
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