Peter Brandt Suggests Bitcoin May Be Forming a Short-Term Bullish Pattern

BlockBeats News, March 10th - Approximately half an hour ago (before Bitcoin broke $70,000), the famous trader and chart analyst Peter Brandt, who successfully predicted the 2018 Bitcoin crash, posted two charts. The "Big Banana" chart represents a huge upward-curving channel on the long-term weekly chart (2014-2027).

The "Small Banana" chart focuses on the short-term daily chart, showing a smaller, similar curve forming near $69,000 on the daily chart. The arrows clearly point upward, indicating higher targets.