$Bitcoin may be headed toward a “base-case” price target of $143,000, according to Citigroup, which believes further inflows into crypto ETFs and strength in traditional equity markets could support the move.

By Olivier Acuna | Edited by Stephen Alpher
Updated Dec 20, 2025, 10:40 p.m.
Published Dec 20, 2025, 9:53 p.m.

Citigroup expects bitcoin to potentially reach $143,000 within the next year, supported by rising demand.
Key points:

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  • Citi’s 12-month base scenario projects $BTC BTC climbing to $143K.

  • Analysts view $70K as an important support level and say renewed ETF activity plus bullish stock markets could trigger another strong rally.

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  • In a bearish environment, bitcoin could slide toward $78,500 if a global recession hits, while an optimistic scenario pushes $BTC toward $189,000 driven by heavier investor participation.

Despite recent downside pressure—BTC currently near $88,000—the idea of ~62% upside to Citi’s target is likely to draw attention.

“We anticipate more adoption of digital assets, especially if the U.S. rolls out digital-asset legislation in Q2. Bitcoin may likely fluctuate around $80,000–$90,000 into the new year, based on user-activity values,” analysts Alex Saunders, Dirk Willer, and Vinh Vo wrote in the report.