BlockBeats News, December 20th: Against the backdrop of the recent Bitcoin price drop, Citigroup's benchmark prediction for Bitcoin's price in the next 12 months is $143,000, representing a roughly 62% increase from the current price of $88,000.Citi analysts Alex Saunders, Dirk Willer, and Vinh Vo stated in a joint report that $70,000 is a key support level for Bitcoin. With the resurgence of ETF demand and optimistic market expectations, the price could see a significant increase. However, there is also a pessimistic view that, amidst a global economic recession, the Bitcoin price could fall to $78,500. On the other hand, in an optimistic scenario, driven by increased investor demand, the price of Bitcoin could rise to $189,000. (Coindesk)

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