Bitcoin’s Banana Chart: The Plot Thickens 🍌

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Peter Brandt, the trading legend, has once again taken to X with a chart that’s as perplexing as it is banana-shaped. Yes, you read that right, a banana-shaped chart. This 15-year log-scale chart of Bitcoin’s price trend, now at $118,000, suggests we’re at a critical juncture. It’s like finding out the meaning of life, the universe, and everything, and it’s all shaped like a banana. 🍌

As the crypto market surges under President Donald Trump’s pro-crypto policies, Brandt’s cryptic caption is enough to spark a debate that could last longer than a filibuster in the Senate.

So, what happens once when the last bite of the Big Yellow Banana is taken?

— Peter Brandt (@PeterLBrandt) July 17, 2025

The “Banana” Formation: A Decade-Long Setup

Brandt’s chart tracks Bitcoin’s price arc from 2010 to 2025. The shape is a smooth, upward curve that’s now hitting a pressure point. It’s like watching a slow-motion car crash, but with a banana. The chart outlines two possible futures:

  • A breakout above the arc, resuming Bitcoin’s long-term bullish cycle. This would be like finding out the banana is actually a golden ticket to the chocolate factory.
  • A breakdown below it, which would invalidate the historic structure that’s held for over a decade. This would be like discovering the banana was just a banana all along, and you’ve been a fool for believing otherwise.

Interestingly, Brandt didn’t provide any bullish or bearish price targets. Instead, he left the community hanging, intensifying debate about where Bitcoin is headed next. It’s like he’s playing a game of crypto charades, and we’re all trying to guess the word before the timer runs out.

Market Sentiment Is Divided

Investor sentiment remains split. On one hand, there are the bold bulls eyeing million-dollar targets, fueled by institutional inflows and growing ETF momentum. On the other, caution is growing due to months of sideways price action and macro uncertainty. It’s like a game of tug of war, but with a banana in the middle. 🍌

Brandt’s chart doesn’t take sides but it does suggest the current structure isn’t built to last. With 15 years of historical growth captured in one clean arc, the implication is clear: Bitcoin is nearing a make-or-break moment. It’s like the final episode of a long-running TV series, and everyone’s guessing who the killer is.

Peter Brandt: A Voice That Moves Markets!

Brandt’s reputation in the trading world speaks for itself. Known for his no-nonsense style and deep technical analysis, his views often stir strong reactions and for good reason. He’s like the Gandalf of the crypto world, but instead of a staff, he wields charts and tweets.

His latest “banana” chart reflects a deeper message about the maturing crypto market. As Bitcoin approaches its next major move, Brandt’s post has added a new layer of intrigue to the ongoing bull-bear tug of war. It’s like he’s dropped a banana peel in the middle of the market, and we’re all waiting to see who slips.

So, which way will Bitcoin split? That’s the million-dollar question. Or, in this case, the million-bitcoin question. 🤔

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2025-07-18 14:37