CoinMeta data: Citi has raised the 12-month target price for Bitcoin to $113,000, a significant increase from the previous $82,000. The firm pointed out that strong crypto activity, improved macroeconomic conditions, and renewed inflows of ETF funds are the main reasons for this upward revision. Bitcoin's recent trading price is near $85,380, with a rise of about 1.4% within 24 hours. After a brief pullback to around $87,000, the range between $85,000 and $87,000 has become a clear resistance area for bulls. The forecast from Citi particularly emphasizes ETF demand as one of the factors supporting its more optimistic outlook for Bitcoin.