Citi Slashing Bitcoin Target to $82,000 as ETF Inflow Momentum Fades
Citi has officially lowered its 12-month price forecasts for Bitcoin and Ether, setting a new target of $82,000. This strategic downgrade follows a significant reset of the bank's assumptions regarding ETF inflow momentum, marking a pivot in institutional sentiment.
The decision highlights a cooling demand for Bitcoin ETFs, which was previously expected to drive massive liquidity into the crypto market. As the bank recalibrates its outlook, the broader market must brace for potential volatility and a shift in how institutional capital interacts with digital assets.
Citi has lowered its 12-month Bitcoin and Ether forecasts after resetting its ETF inflow assumptions. The revised target of $82,000 indicates that the initial surge of optimism surrounding crypto ETFs may be cooling, as institutional capital inflows fail to meet the aggressive projections previously set by analysts.
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