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🐂 Citi analysts have raised their 12-month forecast for BTC.
Key figures:
• Target price for BTC – $143,000 (+62% from current levels).
• Target price for ETH: $4304 (+46%).
Other scenarios from Citi:
• Bullish: BTC will rise to $189,000, ETH to $5132.
• Bearish: BTC will decrease to $78,000, ETH to $1270.
What’s behind the forecast:
— Citi expects regulatory easing and increased adoption of cryptocurrencies.
— Support for the market was provided by statements from the US administration and the cessation of lawsuits against major crypto platforms.
— Regulators are moving towards developing specific rules for digital assets rather than imposing bans.
P.S. Remember, 99% of cryptocurrencies are scams that dream of taking your hard-earned money!!!