Veteran trader who called 2018 Bitcoin collapse says buyers will puke at $60K

Core Insights - Peter Brandt, a veteran trader since 1975, has made significant predictions in the crypto market, including a notable forecast of Bitcoin's price drop below $4,000 in 2018 [1][2] - Currently, Bitcoin is experiencing a major downturn, having recently peaked above $123,000 and now struggling to maintain a price above $90,000 [3] - Brandt has identified a bearish pattern in Bitcoin's price movement, suggesting a potential further decline [4] Price Analysis - Brandt's recent analysis indicates a breakdown in Bitcoin's price, characterized by a series of "lower highs" following a minor breakout [4] - He has identified a "broadening top" pattern, which typically signals a bearish trend, suggesting that Bitcoin may continue to decline [4] - The next price targets for Bitcoin, according to Brandt, are $81,000 and $58,000 [5]