💥 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
The Dutch House of Representatives advanced a legislative proposal on Thursday to impose a 36% capital gains tax on savings and most liquidity investments, including cryptocurrencies. According to the voting results in the House, the bill received 93 votes in favor, surpassing the 75 votes needed to advance the legislation. Under the proposal, savings accounts, cryptocurrencies, most stock investments, and income from interest-bearing financial instruments, whether or not the assets are sold, are subject to this tax. (Cointelegraph)