Citi Turns More Bullish on Bitcoin and Strategy: Here Are the New Targets
🚀 Citi has significantly raised its 12-month Bitcoin price target to $113,400, nearly doubling its previous forecast of under $82,000, citing a strong market recovery and increased ETF inflows.
📈 The bank expects around $5 billion in crypto inflows over the next year, driven by financial advisers and brokerages boosting Bitcoin allocations despite recent regulatory challenges.
💹 Citi has also upgraded its price target for MicroStrategy (MSTR) to $240, reflecting a 60% increase in the stock, with a substantial portion of the upside linked to Bitcoin's performance.
🚀 Citi has significantly raised its 12-month Bitcoin price target to $113,400, nearly doubling its previous forecast of under $82,000, citing a strong market recovery and increased ETF inflows.
📈 The bank expects around $5 billion in crypto inflows over the next year, driven by financial advisers and brokerages boosting Bitcoin allocations despite recent regulatory challenges.
💹 Citi has also upgraded its price target for MicroStrategy (MSTR) to $240, reflecting a 60% increase in the stock, with a substantial portion of the upside linked to Bitcoin's performance.