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Bitcoin Tests $85,000 as Citi Lifts Target to $113K

Original: Bitcoin Price Tests $85,000 as Citi Raises Target to $113K

Bitcoin is testing the $85,000 level after Citigroup raised its price target for the cryptocurrency to $113,000. The bank's upgraded forecast is adding to bullish sentiment as the asset holds near record-high territory, with traders watching whether it can consolidate above the new threshold.

Why now: Citi's bullish price target and Bitcoin's proximity to a key price level are driving market attention.

BitcoinCitigroupCiti

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