Legendary BTC Trader Brandt Spots ‘Horn’ Pattern on Bitcoin Chart: ‘Banana Splitting’

Legendary BTC Trader Brandt Spots ‘Horn’ Pattern on Bitcoin Chart: ‘Banana Splitting’

Source: UToday

Published:09:52 UTC

BTC Price:$73303.8

#btc #peterbrandt #cryptoanalysis

Analysis

Price Impact

High

Peter brandt is a highly respected and influential trader in the commodity and crypto markets. his analysis, especially when referencing classic charting patterns, carries significant weight and can influence market sentiment.

Trustworthiness

High

Price Direction

Bullish

The 'horn' pattern, as described by brandt referencing schabacker's work, is presented as a signal of impending breakout. combined with brandt's explicit target of $88,000-$90,000, this indicates a bullish outlook.

Time Effect

Short

While the pattern itself is a technical indicator that develops over time, brandt's analysis implies an imminent breakout and surge, suggesting a short-term impact once the pattern is confirmed and the breakout occurs.

Original Article:

Article Content:

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Bitcoin "banana splits" forming "horn" pattern Robert Kiyosaki: Bitcoin will spike after giant market crash Advertisement Legendary commodity trader Peter L. Brandt has taken to his X account to share important recent analysis of Bitcoin's price moves, making a bullish prediction for the largest cryptocurrency on the market. He referred to a classic book by Richard W. Schabacker published in 1934, saying that Bitcoin is currently playing out a pattern from it. Bitcoin "banana splits" forming "horn" pattern Peter Brandt published a Bitcoin chart, depicting the beginning of a recovery of digital gold and showing a “horn” pattern. Brandt’s caption to it is: “The banana is splitting.” HOT Stories Crypto Market Review: Where Did XRP's Volatility Go? Bitcoin (BTC) $72,000 Break Is Not What You Think It Is, Did Shiba Inu (SHIB) Reach Top? Price Below $0.000006 Strategy (MSTR) Buys $1.3 Billion Worth of Bitcoin, Ripple Secures Major Partnership, SBI Offers XRP Rewards to Investors — Top Weekly Crypto News The “horn” formation, according to Brandt, goes back to W. Schabacker's 1934 book Technical Analysis and Stock Market Profits. Without going into technical details, this pattern signals instability in the asset’s current price trend and marks a breakout as imminent. Advertisement Hence, Brandt marked a likely surge in Bitcoin's price toward the $88,000-$90,000 levels. The Banana is splitting This is a Horn Richard W. Schabacker wrote about this in his 1934 book $BTC https://t.co/F2gFFp7sxj pic.twitter.com/GbNPB4ncS3 — Peter Brandt (@PeterLBrandt) March 15, 2026 Currently, Bitcoin is at $73,133 per coin after dropping below the $74,000 level earlier today. Advertisement You Might Also Like Mon, 03/16/2026 - 05:33 Bitcoin Surges Past $74K to Hit New Multi-Week High By Alex Dovbnya Robert Kiyosaki: Bitcoin will spike after giant market crash On Sunday, financial author and investor Robert Kiyosaki, widely known for his book “Rich Dad Poor Dad,” addressed the community with a prediction of a “giant market crash” coming and Bitcoin soaring after that. Kiyosaki mentioned legendary investor Warren Buffett, who preferred to sit on billions of dollars in cash, which, per Kiyosaki, he used for purchasing “priceless assets...on sale” after the crash. CASH is not TRASH in a CRASH Q: Why has Warren Buffet sold stocks and bonds and is sitting with billions in cash? A: Because he is “keeping his powder dry” a.k.a. He is in CASH so he can buy priceless assets….after the crash and are on sale. Q: Should you follow in… — Robert Kiyosaki (@theRealKiyosaki) March 15, 2026 Kiyosaki revealed that last week, he made several significant purchases; he bought more oil wells, more gold, silver and Bitcoin. He doubts that Buffett would do the same thing. Financial guru Kiyosaki believes that it is wise not to buy any assets until the market crash, which he sees coming, happens. “I am confident after a giant crash the price of gold, silver, and Bitcoin will go up,” he tweeted, at the same time admitting that he could be wrong in his prediction. Still, one thing is for sure, according to Kiyosaki: as long as the geopolitical conflict in the Middle East keeps escalating, oil will continue to go up in price, which means more profit for him since he owns several oil wells. #Bitcoin #Peter Brandt #"Rich Dad, Poor Dad" Author Robert Kiyosaki #Bitcoin Price Prediction