Citigroup Lowers 12-Month Bitcoin Price Forecast To $112,000, ETH To $3,175—Here’s The Reason

Despite a recent resurgence in prices, Bitcoin (BT

Citigroup Lowers 12-Month Bitcoin Price Forecast To 2,000, ETH To ,175—Here’s The Reason

Citigroup Lowers 12-Month Bitcoin Price Forecast To $112,000, ETH To $3,175—Here’s The Reason

Despite a recent resurgence in prices, Bitcoin (BTC) and Ethereum (ETH), the two largest cryptocurrencies by market capitalization, are not expected to achieve new all-time highs this year, according to analysts at Citigroup. 

The daily chart shows BTC’s price surge above $74,000 in the past 24 hours. Source: BTCUSDT on TradingView.com

Featured image from OpenArt, chart from TradingView.com 

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