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Citi raises Bitcoin target to $113K and Ether to $3,028 amid rising ETF demand and better macro conditions.

Analyst Insights
01 Oct 2026
Blockonomi
View Source
Bullish
Citi raises Bitcoin target to $113K and Ether to $3,028 amid rising ETF demand and better macro conditions.

Citi has increased its 12-month price targets for Bitcoin and Ether, forecasting Bitcoin to reach $113,000 and Ether $3,028. This revision reflects renewed demand for Bitcoin ETFs, improved macroeconomic conditions, and supportive U.S. policy developments. Citi expects about $5 billion in Bitcoin inflows over the next year, driven by gradual increases in exposure from financial advisers and brokerages. The outlook is bolstered by recent ETF inflows, SEC rule changes, and U.S. Treasury bond buybacks, which have revived demand for risk assets and contributed to Bitcoin's price rebound.

Citi's raised Bitcoin price target to $113,000 provides context for crypto market interest. For readers following cryptocurrency, here is Pluang's market snapshot as of Oct 01, 2026 17:32 WIB: out of 50 major cryptocurrencies, 17 rose and 32 fell today. EOS gained 8.13% to Rp12.649 with a typical hold time of 87 days, contrasting with SAND which dropped 4.95% to Rp769 despite 97% buy orders, and FIL which fell 4.46% to Rp18.351 with 95% sell orders and a typical hold time of 99 days.

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