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Citigroup trims 12-month Bitcoin target to $112,000 as price hovers near $74,000
Bitcoin has climbed about 6.5% over the past week to roughly $74,000, while Citigroup has revised its 12-month price target down to $112,000 from around $143,000. The bank links this more cautious outlook to slow progress on US crypto regulation and softer network activity, even as institutional and retail demand remain important drivers. Citi also sketches a wide scenario range between $58,000 and $165,000, underscoring both risk and potential upside for traders.