Bitcoin Already Passed Citi's Old $82,000 Target. Meet the New One
Citigroup raised its 12-month Bitcoin (BTC) price target to $113,000 from $82,000, betting that exchange-traded fund (ETF) buyers keep returning. Its Ethereum (ETH) forecast rose to $3,028, leaving far less room above the current price. Fund flows turned against that bet the same day. US spot Bitcoin ETFs shed $148.69 million on September 30, the The post Bitcoin Already Passed Citi's Old $82,000 Target. Meet the New One appeared first on BeInCrypto.
Key Takeaways
- Citigroup raised its 12-month Bitcoin (BTC) price target to $113,000 from $82,000, betting that exchange-traded fund (ETF) buyers keep returning.
- Its Ethereum (ETH) forecast rose to $3,028, leaving far less room above the current price.
- Fund flows turned against that bet the same day.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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