✉news BusinessCrypto first seen 1 d ago, last 3 h ago, peak #4
Citi Sees $113K Bitcoin as Peter Brandt Floats $600K, Warns of October Drop
Original: Citi Targets $113K Bitcoin as Peter Brandt Eyes $600K—but Warns of October Plunge
Citi has reportedly set a $113,000 price target for Bitcoin, while veteran trader Peter Brandt floated a far more aggressive $600,000 long-term scenario. Brandt, however, cautioned that the cryptocurrency could face a sharp decline in October. The contrasting forecasts highlight the divide between institutional optimism and warnings of near-term volatility among seasoned market analysts.
Why now: Conflicting high-profile Bitcoin price forecasts are fueling debate about whether the market will rally or correct in the coming weeks.
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