Renowned trader Peter Brandt has forecasted that Bitcoin could reach $250,000 by the end of 2029. Brandt, known for accurately predicting the 2018 Bitcoin crash, made this prediction in response to a bullish tweet by NBA legend Scottie Pippen. Brandt suggests that buyers should consider entering the market at the 'banana' support level, approximately $42,000, based on his unique Bitcoin channel model. This model, which features a banana-shaped lower boundary on a logarithmic chart, has previously predicted bear market bottoms.