Citi Cuts Bitcoin Forecast
Citigroup has lowered its 12-month Bitcoin price target, citing delays in U.S. crypto legislation and slower institutional adoption. The bank now expects Bitcoin to reach $112,000 over the next year.
While the forecast was reduced, analysts still see upside potential compared with current market levels. ETF demand and regulatory progress remain key factors for future growth.
Users of xbit.money should monitor major institutional forecasts when evaluating market opportunities.