Citigroup: Bitcoin's target price next year is 143,000 USD, with the most optimistic scenario potentially soaring to 189,000 USD.

As Bitcoin's recent momentum shows signs of fatigue and market sentiment becomes more cautious, Citigroup has released a forecast report predicting that Bitcoin could rise to $143,000 in the base scenario over the next 12 months. Based on the current price of about $88,000, this implies a potential upside of 62% for Bitcoin.

Citigroup analysts Alex Saunders, Dirk Willer, and Vinh Vo pointed out in a joint report that Bitcoin's price range may fall between “$80,000 and $90,000” as it enters the new year, mainly supported by user activity, but the real highlight will be next year.

The Citigroup analysis team predicts that as the legislative process related to digital assets in the United States is expected to make substantial progress in the second quarter, the adoption rate of cryptocurrencies will usher in a new wave of explosion.

On the technical side, the Citigroup team specifically pointed out that the $70,000 level is a critical “psychological barrier” and support level. Analysts noted that this price level is roughly the starting point before Donald Trump wins the 2024 presidential election, holding significant indicative meaning; if it falls below this level, market confidence may be put to the test.

3 Scenarios: From Recession Risks to Bull Market

To allow investors to more accurately assess risks and rewards, Citibank has outlined three possible scenarios for the Bitcoin trend over the next 12 months:

1. Base Case: Directly hitting 143,000 USD

This is the scenario that Citigroup believes is most likely to occur. The recovery in demand from Bitcoin spot ETFs, as well as the spillover effects of overall optimism in the U.S. stock market.

Analysts point out that the “Digital Asset Market Clarity Act” will be an important catalyst. This bill, aimed at clarifying regulatory responsibilities, has passed the House of Representatives. If it can be successfully enacted and signed into law, it will remove the biggest obstacle for institutional funds to enter the market, further driving a wave of capital influx.

2. Bear Case: Drop to 78,500 USD

Even in the worst-case scenario, Citigroup believes that the downside potential for Bitcoin is relatively limited. Analysts believe that if the global economy falls into recession, it could drag down the performance of risk assets, and Bitcoin is unlikely to be exempt.

3. Bull Case: Soaring to $189,000

The premise for this situation to occur relies on a comprehensive explosion of demand from end investors, including more long-term capital, retirement funds, and large institutions incorporating Bitcoin into their asset allocation, forming a more sustainable buying structure.

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Tags: 2026 Bitcoin BTC Citigroup Analysis Cryptocurrency Market Coin Price Investment Bitcoin Target Price Citigroup Market Trend Forecast