EconomyCiti sees Bitcoin returning to $113,000; buying data shows the challenge
Citi raised its 12-month Bitcoin forecast from $82,000 to $113,000, a target requiring a roughly 36% gain from the Oct. 7 reference price. Glassnode found new money entering amid unusually thin trading. Over the 30 days through Oct. 5, it estimated about $4.9 billion from ETF flows, stablecoin growth and corporate treasury buying, while realized capitalization rose about $12.8 billion.
Citi sees Bitcoin returning to $113,000; buying data shows the challenge
Economy