Citigroup issued a 12-month "base case" target price of $143,000 for Bitcoin in its latest report, with $70,000 considered a key support level. The report states that this forecast is based on a rebound in crypto ETF inflows, continued gains in traditional stock markets, and potential legislative advancements related to digital assets in the US; in other scenarios, the bear market target price is $78,500, and the bull market scenario could reach as high as $189,000. (CoinDesk)
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Citigroup issued a 12-month "base case" target price of $143,000 for Bitcoin in its latest report, with $70,000 considered a key support level. The report states that this forecast is based on a rebound in crypto ETF inflows, continued gains in traditional stock markets, and potential legislative advancements related to digital assets in the US; in other scenarios, the bear market target price is $78,500, and the bull market scenario could reach as high as $189,000. (CoinDesk)