Citigroup: Bitcoin will be 143,000 dollars in 12 months.

Bitcoin Predictions from Citigroup

Citigroup announced that its target for Bitcoin (BTC) in the next 12 months is 143,000 dollars. Analysts emphasize that the 70,000 dollar level is an important support point.

Additionally, due to the increasing demand for Exchange Traded Funds (ETFs) and positive market forecasts, it is anticipated that Bitcoin could rise rapidly.

Market Scenarios

The scenarios created by analysts are divided into three. According to the pessimistic scenario, it is predicted that Bitcoin could decline to 78,500 dollars in the event of a global recession. However, the optimistic scenario predicts that with an increase in investor demand, the price could rise to 189,000 dollars.