TechFlow News: On February 22, Peter Brandt—a renowned trader and chart analyst who successfully predicted Bitcoin’s 2018 crash—responded on X to Pippen’s bullish Bitcoin post, recommending buying near the “banana” support level (approximately $42,000). (“Banana” refers to the lower boundary of Brandt’s proprietary Bitcoin channel model, which forms a banana-like shape on logarithmic charts and has accurately predicted past bear market bottoms.)
According to this model, Brandt forecasts Bitcoin will surpass $250,000 by the end of 2029.
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