✉news BusinessCrypto first seen 7 h ago, last 5 h ago, peak #7
Citi lifts Bitcoin price target to $113,000
Original: Citi (C.US) raises Bitcoin price target to $113,000; ETF (IBIT.US) fund flows show divergence
Citi has raised its Bitcoin price target to $113,000, while noting a divergence in fund flows into the iShares Bitcoin Trust ETF, with inflows and outflows moving in different directions across investor groups. The call gives bulls a fresh reference point and is drawing attention to whether institutional ETF demand can sustain Bitcoin's momentum.
Why now: Citi's new $113,000 target is a notable bullish signal on Bitcoin, and the mixed ETF flow picture raises questions about the strength of institutional demand.
CitiBitcoiniShares Bitcoin Trust (IBIT)BlackRock
Rank over time, top of the chart is #1. 3 snapshots from 7 h ago to 5 h ago.
Evidence
- Citi (C.US) raises Bitcoin price target to $113,000; ETF (IBIT.US) fund flows show divergence · moomoo.com
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