Peter Brandt’s 15-Year Bitcoin ‘Banana’ Chart Raises Red Flags
2025-07-18 11:40:31
Main Idea
Bitcoin's price trend, depicted in a 15-year log-scale chart, shows a banana-shaped pattern suggesting a critical juncture, with market sentiment divided on its future direction.
Key Points
1. Bitcoin's price trend from 2010 to 2025 forms a smooth, upward curve, now reaching a pressure point.
2. A breakout above the arc could resume Bitcoin's long-term bullish cycle.
3. Peter Brandt's chart has sparked debate without providing specific bullish or bearish price targets.
4. Market sentiment is divided, with some anticipating significant gains due to institutional inflows and ETF growth.
5. Bitcoin is described as nearing a make-or-break moment based on its 15-year historical growth.
Description
The post Peter Brandt’s 15-Year Bitcoin ‘Banana’ Chart Raises Red Flags appeared first on Coinpedia Fintech News Peter Brandt , the trading legend, took to X with his latest Bitcoin chart , a banana-shaped pattern. The 15-year log-scale chart of Bitcoin’s price trend, now at $118,000, suggests a critical juncture. As the crypto market surges under President Donald Trump ’s pro-crypto policies, Brandt’s cryptic caption is enough to debate. So, what happens once when the last bite of the Big Yello...
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