💥 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
#BTC Hits New ATH
Bitcoin (BTC) is the first and most well-known cryptocurrency, created in 2009 by the pseudonymous Satoshi Nakamoto. It operates on a decentralized blockchain network, enabling peer-to-peer transactions without the need for intermediaries like banks. Bitcoin’s supply is capped at 21 million coins, making it scarce and often compared to digital gold. Its price is influenced by factors such as market demand, investor sentiment, regulations, and macroeconomic trends. Bitcoin is widely used for investment, payments, and as a hedge against inflation. Over the years, it has played a central role in driving the growth of the entire cryptocurrency market.