Peter Brandt Advises Scottie Pippen on Bitcoin Investment, Predicts $250,000 Target by 2029 Renowned trader and chart analyst Peter Brandt, who accurately predicted the 2018 Bitcoin downturn, has responded to a bullish tweet from retired NBA star Scottie Pippen. Brandt recommended purchasing Bitcoin at the "banana" support level, estimated around $42,000. This "banana" refers to the lower boundary of Brandt's proprietary Bitcoin channel model, which forms a banana shape on a logarithmic chart and has historically identified bear market bottoms. Based on this model, Brandt forecasts that Bitcoin could surpass $250,000 by the end of 2029. #crypto #blockchain #news #BTC #Bitcoin