Citi raised its twelve-month price target for Ethereum on October 1 from $2,240 to $3,028, an increase of a good 35 percent. Ethereum is trading at around $2,725 on Friday afternoon, so just under 11 percent is missing to that target. For you as an investor in Germany, however, more hangs on the twelve-month horizon than the price question. It ends in October 2027, and until then the purchase date alone decides whether a gain stays tax free or is charged at a good 26 percent.
Citi raises the ETH price target by 35 percent to $3,028
A price target is the estimate of a bank or a research house as to where a price should stand after a set period, usually after twelve months. It is an expectation and not a promise, and it is revised continuously.
Citi moved two targets up at once on October 1. For Bitcoin the twelve-month expectation is now $113,000, for Ether $3,028. At a good 35 percent, the increase for Ether is markedly stronger than the move the price has shown since. The old target of $2,240 sat below the market price at the time, the new one sits a good 11 percent above it. Several trade publications report this consistentl...
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