Live news
Citi Sets $113K Bitcoin Price Target, Expects $5 Billion in Crypto ETF Inflows
Published Source: Bitcoin.com NewsRead original
Crypto Insight Summary: Citi projects $5 billion in cryptocurrency investment product inflows over the next 12 months as advisors gradually increase allocations. Its revised outlook puts bitcoin at $113,000 and ether at $3,028, supported by stronger activity and economic conditions. Citi Raises Crypto Targets as Its Inflow Assumption Turns Positive Citi’s higher 12-month cryptocurrency price forecasts point […] Crypto Insight Analysis: Direction: Bullish BTC / Bullish ETH Impact: Major Impact Horizon: Mid-term (1-8 weeks) Reasoning: Citi's $113K BTC and $3K ETH targets signal strong institutional confidence, likely boosting market sentiment.