🔷 Citi raised forecasts: $BTC to $113k, $ETH to $3028
📋 Facts:
• Citi raised its 12-month BTC forecast from $82k to $113k (+35%)
• The ETH forecast was increased from $2240 to $3028 (+12%)
• Inflows to the ETH ETF: $690M (September 21–25)
• Forecast for crypto market inflows: $5B over the year
• BTC is up 40% over 3 months, ETH up 70%
• Drivers: renewed ETF inflows, a weaker US dollar, and US Treasury actions to buy back bonds
🧠 My take: Citi sees BTC rising by 35% and ETH by 12% over the next 12 months. The drivers are institutional inflows into ETFs and macro factors. The US Treasury is buying long-term bonds, which weakens the dollar and pushes capital into risk assets. BlackRock also highlights this link. Despite the failure of the CLARITY Act, SEC statements softened the negative. The question is: will institutional inflows continue, or will the $85k sell wall stop the rally?
⚠️ Risks: the $85k sell wall; reduced ETF inflows; possible correction.
❓ Will institutional inflows continue, or will the $85k wall stop the rise? 👇
#BTC #ETH
📋 Facts:
• Citi raised its 12-month BTC forecast from $82k to $113k (+35%)
• The ETH forecast was increased from $2240 to $3028 (+12%)
• Inflows to the ETH ETF: $690M (September 21–25)
• Forecast for crypto market inflows: $5B over the year
• BTC is up 40% over 3 months, ETH up 70%
• Drivers: renewed ETF inflows, a weaker US dollar, and US Treasury actions to buy back bonds
🧠 My take: Citi sees BTC rising by 35% and ETH by 12% over the next 12 months. The drivers are institutional inflows into ETFs and macro factors. The US Treasury is buying long-term bonds, which weakens the dollar and pushes capital into risk assets. BlackRock also highlights this link. Despite the failure of the CLARITY Act, SEC statements softened the negative. The question is: will institutional inflows continue, or will the $85k sell wall stop the rally?
⚠️ Risks: the $85k sell wall; reduced ETF inflows; possible correction.
❓ Will institutional inflows continue, or will the $85k wall stop the rise? 👇
#BTC #ETH
