✉news BusinessCrypto first seen 12 h ago, last 29 min ago, peak #4
Citi Sees Bitcoin at $113K as Brandt Floats $600K With Warning
Original: Citi Targets $113K Bitcoin as Peter Brandt Eyes $600K—but Warns of October Plunge
Citi has set a $113,000 price target for Bitcoin, while veteran trader Peter Brandt has floated a far larger $600,000 long-term scenario—but he also cautions that October could bring a sharp drop in the cryptocurrency's price. The combination of bullish institutional forecasts and a prominent trader's warning is drawing attention from crypto investors weighing where Bitcoin heads next.
Why now: Conflicting high-profile Bitcoin forecasts—Citi's bullish target versus Brandt's warning of an October plunge—are fueling debate among investors.
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