Bitcoin Bullish Sentiment Grows as Investment Banks Reassess Alphabet Targets

A high-profile cryptocurrency investor known as 'Set 10 Big Goals First' has reportedly rebuilt long positions in Bitcoin, predicting that its price will challenge $100,000 before March next year.

This development comes amidst a broader shift in the market, with multiple investment banks cutting their target prices for Alphabet's parent company. However, some institutions have raised their targets against this trend.

In related news, Bitcoin mining pool Poolin has filed for bankruptcy protection and plans to sell its Texas-based mining assets for $52 million.