💥 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 vs Gold: Has the 4-year cycle really come to an end? The market is extremely fierce, and traders need to keep a cool head. Here's the situation: the comparison of "digital gold" is being heavily challenged as physical gold has increased by 46% over the past six months, while Bitcoin has plummeted by 40%. In London, experts warn that the significance of Halving events is gradually fading because most Bitcoin has already been circulated, and the flow of funds from ETF funds is now dominating more than the natural supply and demand law. Many traders once believed in a 4-year boom cycle, but in reality, Bitcoin recently approached the $60,000 mark. Here's the deal: relying on a quick rebound from "halving rewards" could be a mistake if you don't consider the pressure from complex financial transactions on Wall Street. Don't rush to go all-in just because you think the old cycle will repeat. Be cautious and protect your capital, as Bitcoin is changing its operational approach to adapt to the current macro environment full of instability.