BlockBeats News, February 22nd, Famous trader and chart analyst Peter Brandt, who successfully predicted Bitcoin’s sharp drop in 2018, responded today on X platform to retired NBA star Pippen’s bullish Bitcoin tweet, suggesting buying at the “Banana” support level (around $42,000). (“Banana” refers to Peter Brandt’s unique Bitcoin channel model’s lower boundary, forming a banana shape in the logarithmic chart, which accurately predicted the bottom of the past bear market.)
According to this model, Peter Brandt predicts Bitcoin will surpass $250,000 by the end of 2029.
