# @bitcoin.conference on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/Dd9vI4Gm6Kc
- **Gondola URL:** https://gondola.cc/posts/71074511-bitcoinconference-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/1d560a1044.jpg
- **Posted:** 2026-10-01T20:10:02.000+00:00
- **Account Owner:** The Bitcoin Conference (@bitcoin.conference) — https://gondola.cc/bitcoin.conference

## Caption

🚨 CITI JUST RAISED ITS #BITCOIN PRICE TARGET TO $113,000 👀

One of the world's largest banks just made a major upgrade to its Bitcoin outlook.

Citigroup raised its 12-month Bitcoin price target from $82,000 to $113,000 — a $31,000 increase in its forecast.

Bitcoin is trading around $84,000 today.

That means Citi's new base case implies roughly 34% upside from current prices. 🚀

The bank pointed to three major factors behind the upgrade:

✅ Renewed Bitcoin ETF inflows
✅ Improving crypto market activity
✅ A more supportive macro backdrop
✅ $5B of projected investment-product inflows over the next year
✅ Gradually increasing allocations from advisers and brokerages

In other words 👉 Citi went from targeting a Bitcoin price BELOW today's level to forecasting Bitcoin above $100,000 over the next 12 months.

Bitcoin just finished its strongest quarter since Q4 2024 after gaining roughly 43%.

Now Citi is raising its target.

WALL STREET IS RAISING ITS BITCOIN EXPECTATIONS. 🟠

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## Tags

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