Hupzy (Spot On Chain)|Oct 01, 2026 13:43
Citi lifted its 12-month Bitcoin target to $๐ญ๐ญ๐ฏ๐ and Ethereum to $๐ฏ,๐ฌ๐ฎ๐ด, pointing to three converging catalysts: resuming ETF inflows, Treasury buybacks, and advancing SEC rulemaking.
๐๐๐ฝ๐๐ ๐๐ฎ๐ธ๐ฒ: A Tier-1 bank raising both targets at once signals broad institutional bullishness, not a single-asset call. All three cited drivers โ ETF flow resumption, front-end liquidity from Treasury buybacks, and regulatory de-risking โ are already in motion, grounding the targets in observable trends rather than speculation.
For BTC, the $113K target implies substantial upside and aligns with the ETF demand thesis. For ETH, $3,028 reflects a more measured recovery call, consistent with ETH's relative underperformance vs BTC in recent months. Both trade as perps on Hyperliquid.
source: CoinDesk
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