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Citi Sees Bitcoin at $113K as Brandt Floats $600K Target

Original: Citi Targets $113K Bitcoin as Peter Brandt Eyes $600K—but Warns of October Plunge

Citi has reportedly set a $113,000 price target for Bitcoin, while veteran trader Peter Brandt floated an even bolder $600,000 long-term scenario. Brandt, however, cautioned that the cryptocurrency could face a sharp pullback in October. The wide gap between the forecasts highlights ongoing division over where Bitcoin heads next after its recent rally.

Why now: Conflicting high-profile Bitcoin price predictions, plus a warning of an imminent October drop, are fueling debate among traders.

CitiPeter BrandtBitcoin

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