Citigroup Raises Its 12-Month Price Target for Bitcoin to $113,000. These Are the 3 Catalysts Investors Need to Watch.

Citigroup raised its 12-month Bitcoin price target to $113,000 from $82,000, implying 38% upside from current levels. Three catalysts could drive this: ETF inflows from financial advisors, a supportive macroeconomic backdrop, and a potential pre-halving rally ahead of the April 2028 halving event. However, higher interest rates and recent ETF outflows present headwinds.