eter Brandt, a seasoned trader with a large following on social media, has shared a promising forecast for Bitcoin’s price trajectory, indicating a potential surge to unprecedented heights. Brandt’s analysis, presented to his 737,800 followers, features a chart that illustrates Bitcoin following a parabolic curve on a weekly basis. This chart formation, known as a cup-and-handle, has been developing since late 2020 and is typically a sign of bullish continuation, suggesting a pause in upward movement before breaking major resistance levels.

According to Brandt’s interpretation, Bitcoin could soon exceed a critical resistance at $73,734, setting the stage for a climb above $150,000 next year, marking a 160% increase from its current price of $57,652. This bullish scenario underscores a significant potential gain for investors if the momentum ignites as predicted.

Despite recent warnings from Brandt about a possible dip below $50,000, the overarching sentiment in his latest analysis leans heavily optimistic. He emphasizes that a substantial rally into new highs is essential for sustaining Bitcoin’s bull market, hinting at a vibrant future for the cryptocurrency if buying pressure intensifies.

Standard Chartered has officially launched its digital asset custody service in the UAE, according to an announcement from the bank. The service has been licensed by the Dubai Financial Services Authority (DFSA) within the Dubai International Financial Centre (DIFC), following a memorandum of understanding signed in May 2023.

“The launch of our digital asset custody offering represents a pivotal moment not just for Standard Chartered, but for the financial services industry,” said Bill Winters, Group Chief Executive of Standard Chartered. “We firmly believe…

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