💥 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 ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
What to know:
Gold has outperformed bitcoin since the launch of spot BTC ETFs, rising 58% as bitcoin fell 12%.
Mark Connors says bitcoin remains “too young” for institutional trust, while gold continues to benefit from established infrastructure and trade use.
Bitcoin’s recent slump reflects a global liquidity squeeze, not sentiment, with Connors pointing to U.S. Treasury spending delays as a key factor.$BTC #ContentMining&EarnRichCommission #AreYouBullishOrBearishToday? #SpotETFApprovalUpdates #CryptoMarketWatch #BitcoinPriceWatch #DecemberRateCutForecast