Citi Doubles Its Bitcoin Target to $113k as Warnings of an Altcoin Bloodbath Get Louder...

3 hours ago 2

Rommie Analytics

Citi Doubles Its Bitcoin Target

Citigroup raised its 12-month Bitcoin price target from $82,000 to $113,000 and its Ethereum target from $2,240 to $3,028, citing stronger crypto market activity, a supportive macro backdrop, and the return of ETF inflows. The note, dated September 30 and reported by Reuters on October 1, reverses two cuts Citi made earlier in 2026. Meanwhile, Gareth Soloway, chief market strategist at VerifiedInvesting.com, is warning that altcoins could lose 30% to 50% of their value if Bitcoin dominance keeps climbing. Both can't be right - or maybe they both are, which is the part t...
Read Entire Article