Citigroup Raises 12-Month Bitcoin Price Target to $113,000 as ETF Inflows Resume

Citigroup has revised its 12-month Bitcoin (BTC) price target upward to $113,000, citing the resumption of inflows into spot Bitcoin ETFs as a key catalyst. The banking giant's updated forecast reflects renewed institutional demand and improving market sentiment. According to Citigroup analysts, the return of ETF inflows signals growing confidence among traditional investors, which could drive BTC higher in the coming months. The bank also noted that macroeconomic factors and regulatory developments remain important variables for Bitcoin's trajectory. This bullish revision comes amid broader optimism in the crypto market, with Bitcoin trading volumes and adoption continuing to rise. Investors are closely watching ETF flow data as a leading indicator of institutional interest in the world's largest cryptocurrency.