Citigroup has increased its 12-month Bitcoin price target from $82,000 to $113,000, citing stronger institutional demand and improving market conditions. Bitcoin currently trades around $83,400, about 35.5% below Citi's new target, with recent ETF inflows rebounding by $175.7 million after heavy outflows. However, Bitcoin's recovery remains fragile due to inflation concerns and rising Treasury yields, which could limit demand for risk assets. The upcoming U.S. inflation data will be a key factor influencing Bitcoin's near-term price movement and the potential for reaching Citi's forecasted level.
Bitcoin trades at Rp1.491.541.699 on Pluang as of Oct 14, 2026 18:43 WIB, showing a slight 0.32% decline in the past day. Despite Citi's bullish $113,000 target, Pluang data reveals a balanced market with 54% buy orders and a typical hold time of 111 days. The market cap stands at Rp30.023,48 trillion, highlighting significant investor interest even as Bitcoin's recovery faces challenges.
In the last 24 hours, Bitcoin (BTC) and Ether (ETH) experienced net outflows of $170.35 million and $73.17 million respectively, indicating some investor withdrawal. Conversely, XRP and Solana (SOL) showed strong net inflows of $34.81 million and $31...
Bitcoin whales have increased their holdings to 3.03 million BTC, the highest since November 2025, signaling renewed accumulation after months of distribution. A mysterious buyer moved 1,162 BTC worth nearly $97 million from Wintermute into five new ...
Bitcoin briefly surged to $84,000 before settling around $83,450 amid cautious trading ahead of U.S. consumer inflation data expected to show a rise to 3.6%. While Bitcoin and the top 20 cryptocurrencies edged slightly higher, most altcoins declined,...
A cryptocurrency derivatives account increased its Bitcoin short position by about $4.591 million within 49 minutes on October 14, raising the total short position to approximately $5.158 million. The position grew from around $567,000 between 5:24 a...
Bitcoin's price is currently moving within a rising channel pattern that could push it back to $100,000 if bulls maintain control. The price is near the channel's bottom and must hold above it and break a small descending trendline to reach resistanc...
