Peter Brandt flags horn pattern, Bitcoin targets mid-$80,000s

Brandt flags a “horn” in Bitcoin. Path points to the mid‑$80Ks

Peter Brandt says the “banana” in BTC’s rebound is splitting into a “horn”. He points to a broadening structure that could guide price higher.

Brandt posted a daily chart after February’s washout into the low $60Ks and a climb back to the low $70Ks. His candle showed a close at $72,813.62 and an intraday high at $73,210.95. He wrote, “The Banana is splitting. This is a Horn,” and cited Schabacker’s 1934 work as context. Source: Brandt’s tweet and chart.

He kept the read flexible. When asked “Horn or flag,” Brandt replied, “Could be either. Sorry you cannot handle flexibility.” Source: tweet thread.

What changes if it’s a horn
- Structure broadens, not tightens. Swings can widen as price advances. On his chart, the boundaries flare out. Source: chart.
- Path sketched along the upper band points toward roughly $83K to $88K into early April. It’s a path, not a measured target. Source: chart.