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Citi Lifts Bitcoin Target to $113,000 and Projects $181,000 Within 12 Months

Citigroup has significantly upgraded its Bitcoin outlook, lifting its baseline price target to $113,000 and projecting the cryptocurrency could reach $181,000 within the next 12 months. The revision marks a reversal from earlier cuts triggered by regulatory stagnation and ETF outflows. Citi attributes the bullish stance to strengthening macroeconomic tailwinds and expanding institutional adoption from corporate treasuries, pension funds, and hedge funds. Additionally, the bank expects capital inflows into digital assets to reach $5 billion over the coming year, which could shift market liquidity and trigger a new bull-run cycle.

Category

Bitcoin

Sentiment

Bullish

Event

Analyst flows

Reading time

1 min