Peter Brandt's 15-Year Bitcoin 'Banana' Chart Raises Many Doubts

Peter Brandt, the legendary trader, has released his latest Bitcoin chart, a banana-shaped pattern. The 15-year logarithmic chart of Bitcoin price action, currently at $118,000, indicates a significant turning point. As the crypto market surges due to President Donald Trump's pro-crypto policies, Brandt's cryptic comments are enough to spark controversy.

The "Banana" Model: A Setup Lasting Decades Brandt's chart tracks the price action curve of Bitcoin from 2010 to 2025. This curve is a smooth upward curve, currently reaching a point of pressure. The chart outlines two potential future scenarios: The breakthrough on the curve continues the long-term price action cycle of Bitcoin. A drop below it would invalidate the historical structure that has existed for more than a decade. Interestingly, Brandt did not provide any bullish or bearish price targets. Instead, he left the community waiting, increasing the debate on Bitcoin's next direction. Market Sentiment Is Divided Investor sentiment remains divided. On one side are bold speculators targeting multi-million dollar goals, driven by institutional investment flows and the growth momentum of ETFs. On the other hand, cautious sentiment is rising due to prices moving sideways for several months and macroeconomic instability. Brandt's chart is unbiased, but it shows that the current structure is not built to last. With 15 years of historical growth recorded in a clear curve, the implication is very clear: Bitcoin is approaching a decisive moment of success or failure. Peter Brandt: The Voice That Shakes the Market Brandt's reputation in the trading community speaks for itself. Known for his blunt style and deep technical analysis, his opinions often provoke strong reactions and with good reason. Mr. Brandt's latest "banana" chart reflects a deeper message about the maturing crypto market. As Bitcoin is poised to enter its next phase of significant volatility, Brandt's post adds a new layer of intrigue to the ongoing tug-of-war between bulls and bears. So, which direction will Bitcoin split? That is a million-dollar question.