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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InAmid shifting sentiment in the digital asset space, Citigroup has lowered its 12-month price forecast for Bitcoin to $82,000. According to reports, this revision was driven by weakening demand for spot ETFs and a necessary reset of net inflow assumptions. The bank also slashed its price target for Ether, following a similar reassessment of institutional demand through exchange-traded products.
This downward revision comes as digital assets face decoupling from traditional equities, with U.S. Bitcoin ETFs experiencing periods of net outflows earlier this year per Bloomberg data. In contrast to Citi's conservative stance, peers like Standard Chartered have maintained more bullish outlooks, previously targeting levels above $100,000 by year-end, highlighting a growing divergence in institutional analysis (per Reuters citations).
Traders should monitor current liquidity levels as global markets await key economic catalysts. According to the economic calendar, the Chinese Manufacturing PMI release on June 30, 2026, will be a critical indicator for global risk appetite. Additionally, central bank commentary, including a scheduled speech by Lagarde on June 29, 2026, remains a pivotal driver for currency trends that often impact crypto market volatility.