Citi has increased its 12-month price target for Bitcoin to $113,000, up from a previous forecast of $83,000, driven by a 33% rally since mid-August and growing ETF inflows. The bank expects these inflows to reach $5 billion in the next year and notes regulatory actions filling gaps left by Congress. Despite the bullish outlook, Citi does not anticipate Bitcoin will hit a new all-time high within the next 12 months. Additionally, Citi raised its Ethereum price forecast by 35%, expecting a moderate rally by late 2027.
The banking giant's Bitcoin price target update provides context for cryptocurrency market activity. For readers following crypto assets, here is Pluang's market snapshot as of Oct 01, 2026 18:44 WIB: among 50 major cryptocurrencies, 19 rose and 30 fell today. Notable price changes include CAKE at Rp47.375 with a 1-day change of +2.52% and a typical hold time on Pluang of 75 days, THETA at Rp4.020 down 2.47%, and ETC at Rp159.277 down 2.26%, with Pluang order activity showing mixed buy and sell percentages.
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