Cryptofans chuckle when seeing Citigroup’s Bitcoin analysis

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Last Updated on 31 July 2025 by CryptoTips.eu

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.

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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.

 

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.

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.

 

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

Jeroen Kok

Jeroen is one of the lead copywriters on Cryptotips.eu and discusses all recent events in the crypto market. This includes news updates, but also price analyzes and more. He developed his passion for cryptocurrency during the bull run in 2017. He has learned a lot since then. The combination of cryptocurrency and creative writing is perfect for Jeroen and an excellent way to share his knowledge with a wide audience. Find me on LinkedIn / jeroen@cryptotips.eu
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