I immediately saw Peter Brandt's post about the Bitcoin chart showing an interesting pattern. This guy is well-known in the market for his accurate predictions during the 2018 bear market.

The setup he's showing now has two interesting observations. First, the long-term weekly chart from 2014 to 2027 displays a large upward-sloping channel that he calls Big Banana. Then, he also shows a smaller version on the daily chart, the Small Banana, which formed around the $69,000 level. Both charts are pointing upward, which is a bullish signal.

The timing of this post is strategic — it was posted almost half an hour before Bitcoin broke above the $70,000 level. Now, we see the price has gone even higher, at $77.80K. The arrow on the charts points directly upward toward higher targets.

It's really interesting how technical analysis aligns with actual price action. The pattern Brandt is showing suggests that a larger move could still be possible in the coming weeks. For traders following his analysis, this is an important signal worth monitoring on Gate or other platforms where you trade.