Citigroup Just Slashed Its Bitcoin Price Target to $112,000 — Is Washington About to Kill the Bull Run?

Citigroup just cut its 12-month Bitcoin price target. Down from $143,000 to $112,000.Strategist Alex Saunders is pointing at one core problem. The regulatory catalysts markets were counting on after the election are running behind schedule. The legislative window to unlock the next wave of ETF-driven demand is closing faster than anyone priced in.Bitcoin is stuck consolidating below $90,000. The six-figure target is …