Peter Brandt suggests that Bitcoin is showing a bullish pattern in the short term

Renowned trader and chart analyst Peter Brandt, who successfully predicted the Bitcoin crash in 2018, released a chart showing the "big banana" pattern, which represents a massive upward-curving channel on the long-term weekly chart (2014-2027).

The "small banana" pattern is a smaller similar curve currently forming around $69,000 on the daily chart. The arrow clearly points upward, indicating higher targets.