- Scottie Pippen reignites Bitcoin debate with bold market comparison
- Peter Brandt outlines $250000 Bitcoin projection for 2029
- Logarithmic growth channel shapes long term BTC outlook
Scottie Pippen ignited fresh discussion across the crypto market after revisiting Bitcoin’s past cycle structure. His remarks quickly circulated among traders and analysts. However, according to Peter Brandt, long term chart geometry still defines Bitcoin’s direction. Brandt responded publicly and attached a bold figure to the debate.
Brandt projected that Bitcoin could reach $250,000 by 2029. He encouraged Pippen to “buy the banana,” referencing his technical growth model. According to Brandt, the “banana” represents Bitcoin’s curved logarithmic channel that has guided price action since 2012. This structure outlines recurring cycles of expansion and contraction.
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Historically, Bitcoin has rebounded from the lower boundary of this curve during major corrections. Conversely, price surges have approached the upper boundary during speculative peaks. Currently, Bitcoin trades in the high $60,000 range. Earlier in January 2026, the asset reached nearly $92,000 before retracing. Consequently, it now sits near the midpoint of the channel.
Brandt’s Geometry Framework Drives 2029 Projection
Brandt’s outlook draws from prior cycle behavior observed in 2013, 2017 and 2021. According to Brandt, each cycle followed a recognizable pattern within the same growth corridor. Moreover, each expansion phase respected the curvature of the logarithmic structure.
The $250,000 figure extends beyond short term volatility. Instead, it aligns with the next halving cycle and stretches toward 2029. Therefore, Brandt frames the projection as a structural outcome rather than a quarterly forecast. He maintains that if Bitcoin remains within its historical corridor, the upper boundary could migrate toward the mid six figure range before the decade ends.
Additionally, Brandt’s market experience strengthens attention around his comments. With more than five decades in futures trading, he often emphasizes disciplined chart analysis over sentiment driven enthusiasm. Nevertheless, he did not dismiss Pippen’s optimism. Rather, he placed it within defined technical limits.
Bitcoin’s current consolidation phase adds context to the discussion. Trading activity remains active, yet price momentum has slowed since the January peak. Besides, institutional exposure has increased compared to prior cycles, which may influence volatility patterns.
Significantly, the exchange between Pippen and Brandt highlights how public commentary can fuel renewed market focus. While enthusiasm continues to build, Brandt’s framework centers attention on long term structure.
Conclusion
The renewed Bitcoin debate now carries a concrete figure. Brandt’s $250,000 projection for 2029 rests on repeated historical geometry within Bitcoin’s growth channel. Although near term price action remains uncertain, his analysis underscores the importance of long term structural trends.
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