🚨 Citigroup revises crypto forecasts amid regulatory headwinds
Key updates (12-month horizon):
Bitcoin target lowered to $112,000 from $143,000
Ethereum target cut to $3,175 from $4,304
Citing delayed US legislation, softer ETF flows, and muted on-chain activity.
However: Bull scenario remains strong at $165,000 BTC / $4,488 ETH if demand surprises.
Macro caution meets long-term conviction.
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