Ah, the mighty Citigroup, seers of fortunes and dream merchants, heralds a tale of bitcoin climbing to a sumptuous $135,000 by the closing bell of 2025! This ascent, born of ravenous demand from U.S. spot bitcoin exchange-traded funds (ETFs), is akin to a modern-day gold rush, with users hopping aboard the digital wagon faster than ever—a veritable frenzy fueled by some favorable winds from the economy! 💸
Citigroup, in its newfound visionary capacity, sketches a bull case of a dazzling $199,000 if the streams of ETF inflows and adoption swell like a politician’s promises, but beware—a bear case lurks in the shadows at a sobering $64,000, should pesky regulatory or economic troubles dance on the horizon. Alas! Bitcoin, that slippery fish, has been swimming between $115,000 and $120,000 this past week, showing a resilience akin to your aunt’s fruitcake that refuses to spoil, no matter the odds. 🍰
The wise folk at Citi observe that the institutional flock, through ETFs, accounts for over 40% of the recent leapfrogging of prices—what a sight for sore eyes! Corporate treasuries are piling onto this financial buffet, clamoring for those precious digital coins. Social media is alight with chatter, as users on X rally around Wall Street’s burgeoning faith in this cryptocurrency—a spectacular show of trust, forged in the fires of speculation. No doubt, Citi’s crystal ball reflects bitcoin’s glamorous embrace of traditional finance (TradFi), like a dancer at a glorious ball! 🕺✨
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2025-07-26 06:57