Weak jobs data just sank Fed hike odds to 17%, and Citi is back in the Bitcoin bull camp with a 113,000 dollar target. The September nonfarm payrolls print came in at 29,000 jobs, well below the 80,000 to 90,000 expected, and the unemployment rate ticked up to 4.2%. That combination has traders pricing out an October rate hike and back in a dovish Fed path, which is exactly the liquidity setup that has BTC ripping from 82,000 toward 86,000 to 87,000. The tension is between the macro bid and the speed of the move. Citi raised its 12-month target from 82,000 to 113,000, a 38% increase, citing stronger crypto activity, a supportive economic backdrop, and the return of ETF inflows. The bank expects about 5 billion in crypto investment product inflows over the next year, slower but steadier than the earlier boom, as financial advisers and brokerages gradually add Bitcoin to client portfolios. That is a far cry from the 10 billion inflow assumption Citi used before cutting its target in July. For traders, the question is how fast BTC can grind toward 113,000 and whether the path is linear. The 86,000 to 87,000 zone is the first resistance, with 88,000 to 90,000 as the next leg. A clean break above 90,000 would open the path to 100,000 and then the 113,000 target, while a failure at 88,000 could see a retest of 83,000 to 85,000. The key is whether ETF inflows sustain the bid and whether the Fed stays on hold as the labor market cools. Watch the 17% Fed hike odds and any shift toward a cut narrative, and monitor ETF flows for the next 5 billion in cumulative inflows. A dovish pivot would accelerate the timeline toward 113,000, while a hawkish surprise could delay the target into late 2027. The next catalysts are the October CPI print and any follow-through in BTC above 88,000 to confirm the bull le... $BTC