Bitcoin Already Passed Citi's Old $82,000 Target. Meet the New One

Citigroup raised its 12-month Bitcoin (BTC) price target to style="font-size:1rem;color:var(--t1);line-height:1.75;margin-bottom:20px;font-weight:300;padding:14px 18px;border-left:2px solid var(--blue);background:rgba(33,136,255,.06);border-radius:0 8px 8px 0"13,000 from $82,000, betting that exchange-traded fund (ETF) buyers keep returning. Its Ethereum (ETH) forecast rose to $3,028, leaving far less room above the current price. Fund flows turned against that bet the same day. US spot Bitcoin ETFs shed style="font-size:1rem;color:var(--t1);line-height:1.75;margin-bottom:20px;font-weight:300;padding:14px 18px;border-left:2px solid var(--blue);background:rgba(33,136,255,.06);border-radius:0 8px 8px 0"48.69 million on September 30, the The post Bitcoin Already Passed Citi's Old $82,000 Target. Meet the New One appeared first on BeInCrypto.