The veteran trader of a thousand battles, Peter Brandt, has reignited the debate about the long-term parabolic trajectory of Bitcoin by sharing an updated version of what he now calls the Bitcoin Banana.

Brandt's chart, which spans from the inception of Bitcoin to projections for 2029, shows the remarkable rise of the asset within a wide and curved band, suggesting that, despite periods of volatility, the overall trend remains upward.

The banana curve captures each of Bitcoin's major bull and bear cycles, with the price consistently returning to the midpoint of this elongated parabolic zone.