Citigroup has raised its 12-month Bitcoin price forecast to $113 million from the previous $82,000. This increase marks a major shift in the bank's position in mid-2026. In July 2026, Citigroup drastically lowered its Bitcoin forecast from $112,000 to $82,000 due to continued ETF outflows, slow progress in US digital asset legislation, and overall market stagnation. The latest adjustments show that the bank is once again optimistic about macroeconomic factors and the outlook for spot capital inflows at the end of 2026 and 2027.

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