✉news BusinessCrypto first seen 6 h ago, last 6 h ago, peak #28
Citi raises Bitcoin forecast to $113,000 on ETF demand
Original: Bitcoin to $113,000? Citi raises forecast as ETF demand returns
Citigroup has raised its Bitcoin price target to $113,000, citing renewed demand for spot Bitcoin exchange-traded funds. The revised forecast comes as institutional inflows into US-listed ETFs pick up again, a signal analysts often read as growing mainstream adoption. Market watchers are debating whether the bank's target marks fresh momentum for the cryptocurrency after a period of weaker inflows and price consolidation.
Why now: A major bank raising its Bitcoin price target signals renewed institutional confidence, drawing attention from investors tracking ETF flows.
Evidence
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