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Legendary trader Peter Brandt has sketched a literal banana over Bitcoin’s price chart, warning that its parabolic rally may be reaching a dangerous bend. Peter Brandt has seen every kind of ...
He used a 'banana chart' to illustrate Bitcoin's parabolic rallies. These rallies have historically ended in sharp reversals. Institutional inflows and leveraged longs are driving the current surge.
The ongoing crypto bull run, fueled by institutional adoption and the incoming pro-crypto administration, could extend until 2026, according to a historical market cycles chart dating back to 1875 ...