📰 Bitcoin (BTCUSD) Faces Critical Breakout or Breakdown Signal in Brandt’s 15-Year 'Banana' Chart
📅
Jul 18, 2025, 13:46 EDT
| 🔗 Source: U.Today
🧠 Summary
Peter Brandt shared a 15-year Bitcoin price chart shaped like a 'banana,' indicating a pivotal moment where BTC could either break out upwards or break down, ending a long technical pattern. Market sentiment remains mixed amid ongoing sideways price action.
💡 Why this signal?
- Peter Brandt's chart highlights Bitcoin's historical price arc reaching a critical inflection point, suggesting potential for a major directional move soon.
- The absence of a clear forecast from Brandt reflects current market uncertainty, as investors debate between bullish breakout and bearish breakdown scenarios.
- The prolonged sideways price action implies that Bitcoin's consolidation phase might be concluding, making near-term volatility and directional movement highly probable.
📈 BTCUSD Price Trend
⏱️ Impact Timing
as soon as the news is out
👥 Competitor Impact
No competitors impacted.
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