🚨BULLISH: Citi sharply raises its Bitcoin target to $113,000 and Ether to $3,028, forecasting $5 BILLION in net ETF inflows over the next 12 months, per Reuters.
The bank lifted BTC’s target from $82,000 and ETH’s from $2,240, citing stronger crypto activity, a supportive macro backdrop, and returning institutional demand.
Bitcoin and Ether have already rallied nearly 40% and 68% in three months.
Citi expects advisers and brokerages to gradually increase Bitcoin allocations, potentially giving the recovery a steady stream of fresh institutional buying.
BTC
84,772.8
+0.23%