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Citi Sees Bitcoin Price Soar to $113,000 Amid Institutional Inflows

Guavy AI Editorial Team
Instruments
BTC
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Financial giant Citi has raised its long-term price target for Bitcoin to $113,000. This upward revision is attributed to significant institutional inflows and deepening macroeconomic integration.

The bank cites surging momentum in U.S. spot Bitcoin ETFs as a primary catalyst. These funds absorbed billions in net inflows during the final weeks of September.

Following a mid-summer period marked by regulatory gridlock and macroeconomic friction, institutional allocators have aggressively re-established accumulation positions.

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