Cryptofans chuckle when seeing Citigroup’s Bitcoin analysis

While the largest digital currency continues to trade around $115,000, its highest price ever recorded, global banks are, of course, obligated to report on it. You can take this very seriously and look at which companies are buying Bitcoin and other cryptocurrencies, and then analyze them. Or you can do as the analysts at Citigroup do and conclude that the price of Bitcoin will go up… if more people buy Bitcoin. The internet is in stitches.

BITCOIN WILL GO UP IF MOAR PEOPLE BUY IT & WON’T IF THEY DON’T: CITI ### $C $BTC pic.twitter.com/vFxwdrqZTb

— iBankCoin, A Reliable Source (@iBankCoin4tw) July 25, 2025

Digital coins

Citigroup analysts Alex Saunders and Nathaniel Rupert write about all sorts of investment opportunities for the global bank, releasing a new report every month. This time, they discussed the valuation of digital currencies.

$C citi has been been getting a lot of ridicule (and rightly so) for its captain obvious call the past few days explaining what drives the price of BTC. Below is a reminder of the 0 value provided by the eminence grise $GS of WS pic.twitter.com/Okooi4HLue

— Bassam Lahood (@bassamus) July 27, 2025

You’d expect some kind of timeline showing halving periods every four years or so, as well as the 2017-2018 bull run, the 2020-2021 bull run, and then, of course, the current bull run. Saunders and Rupert didn’t need that at all.

That is some wise advise #citi #Bitcoin pic.twitter.com/MdQRQGoIL8

— Investment_ Mantra (@Keval_IM) July 26, 2025

According to their brilliant analysis, the price of Bitcoin will rise when more people want to buy it and fall when more people sell it. Now that is true of many things of course, and that’s mainly why the internet couldn’t stop laughing at them.

📈 Citi just dropped a “shocking” prediction — turns out #Bitcoin price is driven by… demand!

ETF inflows explain 41% of 2025 price moves. Every $1B adds ~3.6% to $BTC.
Target: $135K by year-end.

😁 Waiting for their next bold revelation: water is wet, sky is blue, and crypto… pic.twitter.com/jd05Dd24Wq

— Margex (@Margexcom) July 28, 2025

Even the renowned ‘Financial Times’, which is usually quite serious, covered it with a ‘number goes up’ subtitle.