October 1st 2026, 3:38 PM
Citi Boosts Bitcoin Price Target to Record High
Key Summary
Wall Street banking giant Citi has dramatically raised its 12-month Bitcoin price target to $113,000, reversing a major bearish revision made only three months ago as renewed ETF inflows.
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Citi Raises Bitcoin Price Target
Wall Street banking giant Citi has dramatically raised its 12-month Bitcoin price target to $113,000, reversing a major bearish revision made only three months ago as renewed ETF inflows.Reason Behind the Revision
Renewed interest in Bitcoin has led to increased inflows into Bitcoin-related exchange-traded funds (ETFs), which has contributed to the upward revision of Citi's price target.#Bitcoin#US#Crypto#ETF