Bitcoin closes best quarter since 2024, now trading near $84,000
Bitcoin finished the third quarter of 2026 with its strongest performance in two years, rising nearly 43% over the three-month period. The cryptocurrency started the new quarter trading flat around $84,000 after this impressive run. Major Wall Street bank Citigroup raised its 12-month price target for Bitcoin to $113,000, citing renewed inflows into Bitcoin ETFs (exchange-traded funds that let regular investors buy Bitcoin through traditional brokerage accounts). Bitcoin ETFs specifically drew $6.3 billion in new investments during Q3, showing strong institutional interest. The price momentum reflects growing confidence among both professional and retail investors despite broader economic concerns like inflation data. Bitcoin is now trading in a range between $82,000 and $85,000 to start Q4.
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If you're considering Bitcoin as an investment, this shows major institutions are getting more bullish on the asset. Rising ETF inflows mean it's becoming easier to invest through traditional accounts, but the price targets from banks like Citigroup are predictions, not guarantees.
