Bitcoin Already Passed Citi's Old $82,000 Target. Meet the New One

Crypto Insight Summary: Citigroup raised its 12-month Bitcoin (BTC) price target to $113,000 from $82,000, betting that exchange-traded fund (ETF) buyers keep returning. Its Ethereum (ETH) forecast rose to $3,028, leaving far less room above the current price. Fund flows turned against that bet the same day. US spot Bitcoin ETFs shed $148.69 million on September 30, the Crypto Insight Analysis: Direction: Bullish BTC / Bullish ETH Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Citigroup's increased BTC/ETH price targets signal growing institutional confidence, but ETF outflows temper the effect.