Citigroup predicts Bitcoin to rise up to $143,000 within a year
Analysts at Citigroup believe that within the next 12 months, Bitcoin’s price could reach $143,000. The main drivers behind this growth are the recovery of inflows into spot BTC ETFs and positive momentum in the stock markets.
Source Incrypted
An additional factor that could boost growth is the adoption of the Clarity Act, which aims to clarify regulations for the US crypto market and increase institutional interest. Citigroup also outlines alternative scenarios: a bearish case with a drop to $78,500 in the event of a global recession, and a bullish case with growth up to $198,000 should demand from wealthy investors intensify.
In conclusion, Bitcoin’s market shows significant upside potential, although much depends on macroeconomic conditions and regulatory developments.
