Citigroup Slashes Bitcoin 12-Month Forecast to $82K on Negative ETF Flows

AI News Editor

2026-07-01 12:31:27

Citigroup has cut its 12-month Bitcoin price target from $112,000 to $82,000, a reduction of about 27%, citing negative crypto ETF fund flows as the primary reason. This reflects weakening institutional demand and cautious market sentiment.

CitigroupBitcoinETFprice forecastmarket analysiscapital outflow

According to ChainCatcher, Citigroup has significantly lowered its 12-month Bitcoin price forecast from $112,000 to $82,000, a cut of nearly 27%. The revision is primarily attributed to the recent negative shift in crypto ETF fund flows, indicating a cooling in institutional capital inflows.

Citigroup analysts noted that ETF flows are a key barometer of market sentiment and institutional participation. Persistent outflows often signal weakened short-term demand, exerting downward pressure on prices. The revised forecast underscores Citigroup's cautious near-term outlook for Bitcoin.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.

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