Wall Street banking giant Citi (NYSE: C) is projecting a bullish outlook for Bitcoin (BTC) by the end of 2025, with its base-case target set at $135,000. According to the bank’s valuation framework, the flagship digital currency could reach $135,000 while a more optimistic outlook sees Bitcoin surging to $199,000. The updated forecast is guided by Citi’s refined model, which emphasizes three main price drivers, including user adoption, macroeconomic conditions, and inflows into spot Bitcoin ETFs. To this end, Citi analysts Alex Saunders and Nathaniel Rupert noted that the core valuation begins with a 20% increase in user growth under a linear network model, supporting a price near $75,000
source: https://finbold.com/wall-street-banking-giant-sets-bitcoins-price-for-end-of-2025/