Citi’s new crypto targets look bullish, but the gap between them matters more than the headline.
The bank raised its 12-month #bitcoin target from $82,000 to $113,000 and its Ether target from $2,240 to $3,028. Citi cited stronger crypto activity, a supportive macro backdrop and returning #etf inflows, forecasting another $5 billion of inflows over the next year.
With $BTC near $83,500 and $ETH around $2,686, those targets imply roughly 35% upside for Bitcoin versus about 13% for Ether. That is a clear relative preference, even after BTC and ETH rallied nearly 40% and 68% over the past three months.
The target changes are not an independent catalyst; they arrived after activity and flows improved. The useful test is whether ETF demand stays steady. Persistent BTC relative strength would support Citi’s gap. If inflows fade while price stalls, the forecast’s main premise weakens before the target matters.
The bank raised its 12-month #bitcoin target from $82,000 to $113,000 and its Ether target from $2,240 to $3,028. Citi cited stronger crypto activity, a supportive macro backdrop and returning #etf inflows, forecasting another $5 billion of inflows over the next year.
With $BTC near $83,500 and $ETH around $2,686, those targets imply roughly 35% upside for Bitcoin versus about 13% for Ether. That is a clear relative preference, even after BTC and ETH rallied nearly 40% and 68% over the past three months.
The target changes are not an independent catalyst; they arrived after activity and flows improved. The useful test is whether ETF demand stays steady. Persistent BTC relative strength would support Citi’s gap. If inflows fade while price stalls, the forecast’s main premise weakens before the target matters.
