According to CoinMeta, Citibank has raised its 12-month target price for Bitcoin to $113,000. Currently, the price of Bitcoin has rebounded to $86,885, representing a gain of about 2.7%. Citibank notes that strong crypto activity, improved macroeconomic conditions, and renewed institutional demand are the basis for its latest forecasts for Bitcoin and Ethereum. To reach Citibank's target, Bitcoin would need to rise by another approximately 30%. The current significant resistance level is at $90,000; if this level can be continuously broken through, it will further solidify the bullish trend and bring the $100,000 target back into consideration. Although institutional capital flows remain unstable, Bitcoin's rebound has eliminated the previous resistance in the $80,000 range.