Skip to main content

Citi’s Warming Up to Bitcoin’s DeFi Pull With Sharper Targets Ahead 🦇🌙

Citi just had a total vibe shift on BTC and Strategy after that mid-August market glow-up.

BTC Blasting Over 113K Soon ✨

It was only a few months back that the Wall Street giant cut their bitcoin target way down under 82,000. That hit in July when everything felt kinda gloomy and BTC dipped to its lowest since late 2024 under 58,000.
But bitcoin bounced back hard and climbed like 50 percent since then rn sitting around 86,000. So Citi pumped their 12-month call by about 40 percent up to 113,400 reversing that July hesitation. Their analysts pointed to hotter crypto flows a friendlier macro scene and those ETF dollars rushing back in 🖤.
They figure around 5 billion in inflows next year as advisors and brokerages start stacking more BTC. The bank noted the CLARITY Act flop in the Senate yet said the fresh SEC and CFTC moves helped chill any bad sentiment.

Strategy Target Jumps Big Time 💀

The bank’s brighter BTC outlook sent Strategy’s price projection soaring even higher. Back in July they floated a MSTR target at 136 when shares were chilling below 100. Now MSTR sits at 160 after a 60 percent plus run from those summer lows 😈.
Citi bumped the call to 240 while keeping the buy rating. About 34 percent of that upside comes from more BTC gains with 16 percent from premium growth on the NAV.
It shows how tied Wall Street values for Strategy still are to BTC itself. They called MSTR a leveraged and way more volatile play on the coin so numbers can swing wild if conditions flip 🌙.
This kinda reminds me how defi moves can feel so extra sometimes lmao 💸🚀🕷️.


Just another echo from the void by iconofsin.eth 💖



Maybe you like what i'm doing here and wanna support me via the ethereum blockchain: iconofsin.eth 💖

Leave a Reply