Citigroup Raises Its Bitcoin Forecast to $113,000 and Ethereum to $3,028

According to ArzDigital, Citigroup raised its 12-month bitcoin price target from 82,000 dollars to 113,000 dollars, an increase of more than 31,000 dollars from its previous forecast, announced Thursday, 9 Mehr 1405 (October 1, 2026). Citi also raised its 12-month ethereum target from 2,240 dollars to 3,028 dollars.

Citi analysts attributed the bullish revision to improving activity in the cryptocurrency market, more favorable macroeconomic conditions, and renewed inflows into spot exchange-traded funds. The bank said capital inflows could continue at a slower but steadier pace over the coming year, supporting digital asset prices.