💥 HBAR price nears breakout as inverse head and shoulders pattern forms
HBAR price is consolidating below key resistance as an inverse head and shoulders pattern develops, signaling a potential bullish breakout if the neckline resistance is cleared with volume.
HBAR ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
Predictions predicting a sharp rise in Bitcoin's price by the end of the year are resurfacing in the cryptocurrency community, with the price of BTC once again surpassing $90,000.
However, as always, optimism has attracted a fair amount of skepticism.
Can Bitcoin make holiday wishes a reality when its value reaches $100,000 in December, or will that still be too tall a task?$BTC #DecemberRateCutForecast #ReboundTokenstoWatch #GateChristmasGiveaway #BitcoinPriceWatch #AreYouBullishOrBearishToday?