Citigroup has unveiled a compelling 12-month forecast for Bitcoin$BTC , placing its base-case price target at $143,000, which implies approximately 62% upside from the current price near $88,000. Despite recent market weakness, the outlook suggests that Bitcoin remains well-positioned for a substantial recovery.
Citi analysts emphasize $70,000 as a major support level, describing it as a key zone that could stabilize prices and set the stage for future gains. The firm expects Bitcoin to trade in the $80,000–$90,000 range in the near term, supported by growing user activity and improving sentiment.
The projected rally is expected to be driven by revived demand for Bitcoin ETFs, favorable stock market forecasts, and regulatory developments in the United States, particularly progress on the Clarity Act. These factors could accelerate institutional adoption and capital inflows into digital assets.
However, Citi also outlines potential risks. In a bear-case scenario, a global economic slowdown could push Bitcoin down to $78,500. Conversely, in a bull-case scenario, stronger end-investor demand could lift Bitcoin$BTC to $189,000, more than doubling its current value.
