Wall Street just did the math out loud.

Citi lifted its 12-month Bitcoin target from $82,000 to $113,000. Ethereum went from $2,240 to $3,028. That is a 38% upgrade on $BTC printed while BTC trades near $85k, a full third below its October 2025 high of $126,080.

This is not a crypto fund chasing momentum. It is a money-center bank putting a six-figure twelve-month number in a client note. The spread between that target and today's price is the whole institutional thesis compressed into one figure: the demand side of this market is still being priced in.

$BTC $ETH #Bitcoin