Citigroup: Bitcoin predicted to rise to $143,000

According to Mars Finance, Citigroup's base case forecast for Bitcoin is a rise to $143,000 within 12 months. Citigroup analysts Alex Saunders, Dirk Willer, and Vinh Vo stated in a joint report, "We predict increased adoption of digital assets, driven by potential U.S. digital asset legislation in the second quarter, with Bitcoin's user activity value potentially reaching around $80,000 to $90,000 in the new year." They also identified $70,000 as a key support level, noting that this is the level expected before Trump's victory in the 2024 election.