Veteran Trader Peter Brandt's "Banana Split" Pattern Signals Next Upside Phase for Bitcoin in 2026

Veteran market analyst Peter Brandt has introduced his "banana split" concept to describe Bitcoin's price structure after the sharp decline in late January and early February 2026. He argues that a smaller rounded bottom pattern is forming on top of a long-term upward-curving support channel near $69,189, which could precede a strong breakout as BTC tests resistance just above $70,000.