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Gamza Khanzadaev

Peter Brandt Sees Bitcoin Hitting $250,000 in 2029, Urges Scottie Pippen to Buy the "Banana" Channel

Over the weekend, NBA Hall of Famer Scottie Pippen reignited a discussion on Bitcoin's market structure, prompting veteran trader Peter Brandt to outline a $250,000 BTC target for 2029. Brandt bases his view on a multi‑year, curved "banana" growth channel that has framed Bitcoin's price since 2012 and places the current market in the mid‑range after a peak near $92,000 in January 2026. He argues that if Bitcoin continues to track this logarithmic corridor, the upper boundary could move into the mid‑six‑figure zone by the end of the decade.
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