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🟠 $BTC to $53K, ⚪ $ETH to $1,094? Wall Street’s Brutal New Forecast 🤯 Citigroup just slashed its 12-month forecasts for the crypto market:
BTC: down to $82,000 (from $112,000)
ETH: down to $2,240 (from $3,175)
Their bear-case scenario even hints at BTC dropping to $53k and ETH to $1,094.
The reasons? Negative ETF flows, regulatory gridlock in the US, and a temporary lack of fresh retail hype. Citi even cut their projected 12-month net ETF inflows from $10B straight to zero.
But honestly this is typical TradFi behavior. Traditional banks are notoriously reactive—they tend to pump their targets at the absolute top of the market and slash them right when things cool down.
While the US is stuck in regulatory limbo, causing these short-term outflows, the real action is happening elsewhere. Just look at Europe pushing full-steam ahead with MiCA, establishing a solid, heavily regulated playground for institutional capital.
Market sentiment shifts fast, and relying purely on reactive bank reports is a quick way to miss the bigger picture.
What’s your take? Let’s talk below! 👇
#BTC #ETH #BTCPriceAnalysis