Citigroup: Bitcoin to rise to $143,000 in 12 months

According to Odaily Planet Daily, Citigroup's base case forecast for Bitcoin is a rise to $143,000 within 12 months. Citigroup analysts Alex Saunders, Dirk Willer, and Vinh Vo stated in a joint report, "We predict increased adoption of digital assets, driven by potential U.S. digital asset legislation in the second quarter, and the value of Bitcoin's user activity could reach around $80,000 to $90,000 by the new year."

Meanwhile, it identified $70,000 as a key support level, noting that this is the level seen before Trump's victory in the 2024 election. (Coindesk)