Citigroup has increased its 12-month price target for Bitcoin to $143,000, citing a more favorable regulatory environment in the U.S. and advancements in Countering the Financing of Terrorism policies. The bank noted that the dismissal of certain lawsuits and the progress of the EU's Markets in Crypto-Assets Regulation are enhancing institutional interest in cryptocurrencies. Additionally, JPMorgan has indicated a potential rebound for Bitcoin, suggesting the cryptocurrency could reach $170,000 within the next 6 to 12 months. These projections reflect growing confidence among major financial institutions in the future of Bitcoin amid evolving regulatory landscapes.