{"id":164114,"date":"2025-07-27T16:00:17","date_gmt":"2025-07-27T13:00:17","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=164114"},"modified":"2025-07-27T16:00:58","modified_gmt":"2025-07-27T13:00:58","slug":"bitcoin-banana-chart-gains-traction-as-peter-brandt-revisits-parabolic-trend","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/bitcoin-banana-chart-gains-traction-as-peter-brandt-revisits-parabolic-trend\/","title":{"rendered":"Bitcoin Banana Chart Gains Traction as Peter Brandt Revisits Parabolic Trend"},"content":{"rendered":"

In a tweet posted<\/a><\/strong> on July 27, Brandt humorously reaffirmed his claim to being the first to identify Bitcoin\u2019s parabolic structure back in October 2017. The updated chart includes a bold, yellow, banana-shaped arc encapsulating Bitcoin\u2019s historic price growth and future trajectory.<\/p>\n

Brandt\u2019s chart, which spans from Bitcoin\u2019s inception to projections for 2029, shows the asset\u2019s remarkable rise within a broad, curved band\u2014suggesting that despite periods of volatility, the overarching trend remains bullish. The \u201cbanana\u201d curve captures each of Bitcoin\u2019s major bull and bear cycles, with the price consistently returning to the midline of this elongated parabolic zone.<\/p>\n

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The visual metaphor is more than playful. It underscores Brandt\u2019s broader thesis that Bitcoin operates within a predictable, albeit volatile, long-term growth pattern. He notes that recent price action\u2014hovering around $118,000\u2014still aligns with this curved structure. The red and black trend lines on the chart further reinforce key resistance and support zones embedded in this multiyear growth channel.<\/p>