💥 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
China no longer trusts the dollar in the long term.
They are continuously selling American bonds, especially the 10 and 30-year ones.
U.S. debt is unpayable, and China knows it. Who would trust a 30-year bond? In 30 years, the dollar will be worth much less. That's why they are selling bonds and buying gold.