Bitcoin Price Prediction: Citigroup Raises BTC Price Target to $113K

Wichtige Erkenntnisse:

• Bitcoin price prediction: Citi raised its 12-month BTC target to $113,000 from $82,000 while lifting its Ether forecast to $3,028.
• Citi expects roughly $5 billion to flow into crypto over the next year, driven by new ETFs and rising allocations from advisers and brokerages.
• The forecast comes despite a mixed backdrop, with Bitcoin around $83,700 on Oct. 1 and ETF inflows weakening after a strong September.

U.S.-based financial giant Citigroup has upgraded its 12-month Bitcoin price prediction to $113,000 from $82,000, citing expectations of renewed inflows and adoption in the crypto space.

They raised their ether forecast to $3,028 from $2,240 and expect about $5 billion to flow into the crypto market next year.

Citi expects new ETF launches and financial advisers and brokerages to increase their allocations.

Notably, Bitcoin was not at a new quarterly high as of the time of writing, having recorded a price of about $83,700 on October 1. This follows underwhelming U.S. inflation data, which saw Treasury yields remain high.

Therefore, the bank’s increased forecast for Bitcoin price is based on the likelihood of capital returning to the asset.

Citi Raises its Bitcoin Price Prediction

Citi’s new Bitcoin price prediction represents a $31,000 increase from its previous target, or roughly 38%. Its Ether target rose by $788 (or 35%).

The bank attributed the readjustment to heightened crypto activity, a positive macro environment and renewed ETF inflows. It expects these factors to accelerate slowly but steadily as advisers and brokerage firms boost allocations to the cryptocurrency.

Crucially, the bank is not necessarily suggesting a large-scale return of institutional money into Bitcoin.

Rather, its Bitcoin price prediction is premised on a slow but steady increase in funds flowing to BTC-specific ETF products.

This assessment comes as the U.S. spot Bitcoin ETF landscape becomes more nuanced: As of 10:30 a.m. ET, U.S. spot Bitcoin ETFs had a cumulative AUM of about $2.39 billion in net inflows between September 21 and September 25, their strongest weekly total of 2026.

The streak continued after that week, reaching nine sessions and about $3.1 billion before reversing on September 30.

Specifically, the funds had a net drain of about $148.7 million on the last day of the month, with BlackRock’s IBIT recording an end to a nine-day inflow streak.

Therefore, Citi’s Bitcoin price prediction comes as the ETF backdrop becomes increasingly mixed, with a strong September performance followed by a large-scale reversal on the final day of the quarter.

Bitcoin (BTC) Price Has Recovered Without Clearing Every Obstacle

The BTC crypto price has climbed considerably from the July lows. The cryptocurrency has gained about 40% from the bottom and nearly 40% over the past three months, with ETH rising by about 68% during the same period.

However, Bitcoin remains below the peak. The Coin Republic reported that the BTC crypto price ranged between $84,000 in late September after a volatile rebound, with long-term holder supply concentrated near $84,000- $85,000 and another resistance area around $96,700 as of the time of writing.

Bitcoin also witnessed an intriguing move involving exchange flows, as more than 13,800 BTC tokens left Binance on September 25; the largest daily outflow since early 2023.

The exchange’s Bitcoin reserves dropped by about 20,000 BTC within four days, to 685,000 BTC from 705,000 BTC, as reported by The Coin Republic.

The figures do not explain the rationale behind the observed movements, but they reinforce the fact that exchange balances, ETFs and the BTC crypto price do not always follow the same trajectory.

Regulation Changed the Backdrop, Not the Forecast

Citi’s note commented on U.S. crypto regulations, as the Senate failed to advance the CLARITY Act the previous September.

Citi noted that the development had reduced the likelihood of passage of market structure legislation, with subsequent announcements from the SEC contributing to the diminishment of negative price pressures.

The observation is critical to understanding Citi’s Bitcoin price prediction, as the bank’s argument does not rely on the resolution of all regulatory uncertainties.

Instead, Citi combined higher market activity with improved ETF flows and a favorable macro environment. This included the dollar’s recent decline, Reuters noted.

Der Beitrag Bitcoin Price Prediction: Citigroup Raises BTC Price Target to $113K erschien zuerst auf The Coin Republic.