Citi Cuts Bitcoin Forecast to $82K Amid ETF Outflows

• Citi reduced its 12-month Bitcoin forecast to $82,000.
• The previous price target was $112,000.
• Negative crypto ETF flows were cited as a key reason for the downgrade.

Global banking giant Citi has lowered its 12-month Bitcoin price forecast to $82,000, down from its previous estimate of $112,000, according to Reuters. The revised outlook reflects growing caution as institutional demand weakens and crypto exchange-traded fund (ETF) flows turn negative.

The downgrade comes after a period of sustained outflows from spot crypto ETFs, suggesting investors have become more risk-averse amid ongoing market uncertainty.

ETF Outflows Weigh on Bitcoin Outlook

According to Citi, declining ETF inflows have become an important factor influencing Bitcoin’s near-term prospects. Spot Bitcoin ETFs have played a major role in institutional adoption, and weaker demand through these investment products could limit upward price momentum.

Although Bitcoin remains one of the world’s largest digital assets, analysts believe institutional capital flows will continue to play a critical role in determining its medium-term performance.

Long-Term Outlook Remains in Focus

Despite lowering its price target, Citi’s revised forecast does not rule out further growth for Bitcoin over the longer term. The bank’s updated outlook highlights the importance of monitoring ETF demand, macroeconomic conditions, and investor sentiment as key drivers of future price action.

Market participants will continue watching whether institutional inflows recover in the coming months, as stronger demand from regulated investment products could improve Bitcoin’s outlook once again.