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Citi cut its 12-month Bitcoin and Ether targets from 112K to 82K and 3,175 to 2,240 on drying ETF flows "We're trading around 59, 60, 61k right now, and they're still predicting up to 82 for the end of the year. So it's not like they're saying we're going to go down, they're just saying we're not going to go up as much" "The reason is the kind of bottom signal to me. Because of the last month of ETF flows, they don't believe ETFs will get positive flows at all for the next year. I don't know how they get to 82,000 with no flows, but I'd bet that trend massively turns around. Them declaring that right now is yet another absolute massive bottom signal"

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