Veteran trader Peter Brandt recently made a bold prediction, stating that bitcoin could reach $50,000 in the next two years. Credited with forecasting bitcoin's more than 80% decline in 2018, Brandt cited market history and technical analysis when providing this estimate. "I believe that charts reflect underlying supply and demand fundamentals and that's how we have to look at it," he stated on Yahoo Finance YFi PM. After bottoming out in 2015, bitcoin prices enjoyed a parabolic advance, emphasized Brandt. Now, he expects cryptocurrencies will once again enter a parabolic bull market. [Ed note: Investing in ... (full story)