Bitcoin, that capricious creature, shed its golden grin after a brief sojourn to the red. After a five‑day climb from the March 9 trough of $65,820, the leading cryptocurrency peaked at $73,698 on Friday – the zenith of its latest trading range – before retreating like a timid courtier.
On X, seasoned trader Peter Brandt posted a familiar pattern from Bitcoin’s chart, supplementing it with a cheeky teaser that read, “I pledge allegiance to the…”
I pledge allegiance to the _ _ _ _
Fill in the blanks– Peter Brandt (@PeterLBrandt) March 13, 2026
Brandt shared a chart that highlighted two metallic channels. The upper channel foreshadowed Bitcoin’s slide to a low of $60,000, while its lower counterpart-coined the “little Banana” for its curved contour on a logarithmic scale-has begun winding its way back up, possibly birthing a breakout in either direction. The trader wrapped this in a teaser, shrouding the next move like a comical mystery.
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In a prior X post, Brandt called Bitcoin’s “little Banana” “the lower channel pattern that was once a banana‑shaped poem on a chart,” hinting that it might soon join forces with the “Big Banana.” When the two meet, he whispered, “We celebrate with Banana Cream Pie,” all while circling a BTC chart that oozed a potential reward of $250,000‑$500,000 – the proverbial pie awaiting those who dare chase it.
Bitcoin price action
Bitcoin vaulted to the upper edge of its current trading range before the cryptocurrency hushed its gains in response to a jarring market volatility. It touched a high of $73,698 on Friday, only to cut that ascent roughly in half. As I write, Bitcoin sits down 2.29 % in the past 24 hours at $70,740, while boasting a 4.13 % weekly lift. Since early February, the largest crypto has traded in a meandering corridor between $75,000 and $60,000.
Money, after months of draining away, is now trickling back into Bitcoin. U.S.-listed spot Bitcoin exchange‑traded funds have posted a third week of net inflows, the longest streak since July, drawing over $1.6 billion in the past month.
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2026-03-14 17:41