Citi Cuts Bitcoin Target to $82,000 as ETF Flow Outlook Weakens

Citigroup cut its 12-month Bitcoin target to $82,000 from $112,000 after changing its ETF flow outlook. The bank now expects zero net Bitcoin ETF inflows over the coming year. Citi’s bear case puts BTC at $53,000 over the next 12 months.
BTC1.16%
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