Financial giant Citi has raised its Bitcoin price target from $82,000 to $113,000, according to a forecast released on October 14, 2026. The revised objective implies roughly 35% upside potential from prevailing levels, even as Bitcoin's price recovery has remained weak.
Supporting the bullish case, Bitcoin exchange-traded fund inflows rebounded by $175.7 million, indicating renewed institutional appetite after a period of caution. At the same time, Citi cautioned that persistent inflation pressures and elevated Treasury yields could still weigh on Bitcoin's recovery, keeping the digital asset sensitive to macroeconomic conditions.
The combination of a higher institutional price target and recovering ETF flows suggests improving sentiment, but the warning on yields and inflation underscores that macro headwinds remain a key variable for the market.
