Citigroup Lowers 12-Month Bitcoin Price Forecast To $112,000, ETH To $3,175—Here’s The Reason

NodeGuardian · 2026-04-06T21:58:05+00:00

Citigroup has reduced its 12-month price targets for Bitcoin to $112,000 and Ethereum to $3,175, highlighting slow U.S. legislative progress as a concern. They noted a potential Bitcoin price range of $58,000 to $165,000 based on economic conditions.

NodeGuardian

2026-04-06 21:58:05

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Citigroup has significantly revised its 12-month price targets for Bitcoin and Ethereum, lowering them to $112,000 and $3,175 respectively, citing slow legislative progress in the U.S. as a primary concern. The firm emphasized that diminishing opportunities for U.S. legislative action this year could limit regulatory catalysts needed to drive institutional demand. While a recessionary climate could see Bitcoin drop to $58,000, a bullish scenario could push it to $165,000.

BTC-0.34%

ETH-0.37%

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