💥 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
Bitcoin’s price has been volatile recently, trading around roughly $67,000–$69,000 USD with mixed daily movements as the broader crypto market shows uncertainty. Current live data signals modest gains in the last 24 hours, but weekly performance is slightly negative as volatility continues. BTC’s market cap remains over $1 trillion, making it the largest crypto by far. Recent news points to broader market declines and liquidation events that have pressured prices, though occasional rebounds above key support levels (like ~$70,000) suggest some stabilization efforts. Macro factors and market sentiment remain key drivers of BTC’s price action
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