Today began with differing predictions from two well-known cryptocurrency market analysts. While one remains optimistic about Bitcoin, the other predicts a significant decline.
Optimistic Forecast from QuintenFrancois
QuintenFrancois shared an optimistic, albeit not exaggerated, forecast. He noted that over the past six months, the cryptocurrency market has faced several changes: * Large amounts of GBTC exits * Billions of dollars in returns from MTGOX * BTC sales by the US government * Germany selling 50,000 BTC. For the upcoming months, he expects the following positive changes: * Interest rate cuts (Fed and globally) * Global liquidity growth * US elections * FTX paying cash to its customers (close to $12 billion).
Warnings from Peter Brandt
In contrast to QuintenFrancois, Peter Brandt once again shared his expanding triangle chart. According to him, testing the lower boundary will be around $46,000, and significant support is needed to get back to new highs. 
Expectations for Investors
Analysts cannot foresee the future, and news expected to bring a rise may not meet expectations. However, increased liquidity, FTX cash returns, and resolving issues like MTGOX will positively impact the market in the medium and long term.
Major changes can be expected in the coming hours as news and data continue to influence the cryptocurrency market. Stay tuned for updates to keep abreast of all changes.
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