Citibank Predicts Bitcoin Could Reach $231K in a Year
Citibank has issued an optimistic forecast for Bitcoin, predicting it could reach up to $231,000 within the next year. Their analysis includes a base case of $181,000 and a bearish outlook of $82,000. This prediction comes as Bitcoin shows strong recovery signs, nearing a resistance level of $120,000, reflecting growing confidence in the cryptocurrency market and potentially attracting more investors.
Citibank Predicts Bitcoin Could Reach $231K in a Year
Citibank has issued an optimistic forecast for Bitcoin, predicting it could reach up to $231,000 within the next year. Their analysis includes a base case of $181,000 and a bearish outlook of $82,000. This prediction comes as Bitcoin shows strong recovery signs, nearing a resistance level of $120,000, reflecting growing confidence in the cryptocurrency market and potentially attracting more investors.
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