6 days ago
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Key Takeaways
- Citi raises Bitcoin’s twelve-month target to $113,000.
- ETF withdrawals interrupted September’s run of inflows.
- Standard Chartered targets $100,000 by December 2026.
What Citi’s $113,000 target means for Bitcoin
Citigroup increased its twelve-month Bitcoin target to $113,000 from $82,000, according to Reuters’ October 1 report. The September 30 note cited stronger crypto activity, returning ETF inflows and a supportive macroeconomic backdrop.
At approximately 12:23 UTC on October 1, Bitcoin price was near $84,000. Using that rounded reference, Citi’s target implies an advance of about 35%. Its twelve-month horizon extends roughly into autumn 2027.
The upgrade reverses a more cautious assessment earlier this year. In July, Citi had cut its assumption for net ETF inflows over the following ...
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