NewsBTC •
March 16, 2026 at 09:20 •
Analysis
Veteran trader Peter Brandt sparked a fresh round of chart debate around Bitcoin after posting a chart and writing, “The Banana is splitting. This is a Horn. Richard W. Schabacker wrote about this in his 1934 book.” For market participants used to Brandt’s shorthand, the message pointed to a possible shift in how he is reading BTC’s recent recovery structure. The chart Brandt shared shows Bitcoin on the daily timeframe rebounding from a sharp February washout into the low-$60,000s and climbing back toward the low-$70,000s. The posted candle data showed BTC closing at $72,813.62 on the day, with an intraday high of $73,210.95. Around that rebound, Brandt drew two widening curved boundaries, creating the outline of what he called a “horn.” ‘Banana/Horn’ Could Send Bitc...
