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>>Citi lowers its Bitcoin price projection to $82,000 due to softening demand for ETFs.

Citi lowers its Bitcoin price projection to $82,000 due to softening demand for ETFs.

crypthub

5 days ago

Citi's Major Bitcoin Forecast Cut

Citi significantly lowered its 12-month Bitcoin target to $82,000 from $112,000. The bank also reduced its expected net ETF inflows over the next year to zero. This revision signals weaker institutional appetite and slower regulatory progress in the U.S. The decline emphasizes that the Bitcoin thesis heavily relies on sustained ETF capital attraction.

Shift in Market Focus to ETF Flows

The core issue now is the reliability of the demand channel rather than current price levels. ETF flows were previously seen as the primary bridge connecting traditional portfolios to Bitcoin. When these flows weaken, the market must depend more on native demand and corporate buying. This shift makes the crypto market path potentially more volatile.

Implications for Market Sentiment

For traders, the market requires new catalysts to rebuild momentum. These catalysts include a clearer regulatory backdrop or a return of strong ETF inflows. Furthermore, concerns about digital asset treasury companies highlight caution among investors. The institutional expectation for Bitcoin growth is being reset downward.