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Citi Lifts Bitcoin Forecast to $113K Amid Strengthening Macro Environment

Guavy AI Editorial Team
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Citigroup has raised its price forecasts for Bitcoin and Ethereum, citing stronger trading activity and a more supportive macro environment.

The bank increased its target for Bitcoin to $113,000 from $82,000, while its Ether forecast rose to $3,028 from $2,240. These changes were included in a note dated September 30.

Citi expects crypto inflows to return at a slower but steadier pace, driven by financial advisers and brokerages gradually increasing their Bitcoin allocations.

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