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Crypto Macro

Citi Raises 12-Month Bitcoin Target to $113K, Ethereum to $3K

Citi has lifted its 12-month price target for Bitcoin to $113,000 from $82,000, and set a $3,000 target for Ethereum. The revised Bitcoin target still sits roughly 10% below the cryptocurrency’s October 2025 record high. The bank disclosed the new forecasts in its latest outlook.

Original source

AI take

Citi's revision matters less for the new number than for the direction of travel: a major bank lifting targets while still placing Bitcoin below its prior record suggests institutional forecasts are converging on recovery rather than a new breakout. The Ethereum target, set alongside Bitcoin for the first time here, hints at broader coverage of the asset class. Whether other banks follow with comparable upgrades is the open question.

Generated by AI for reference only.

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