💥 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 has slipped below $85,000, sparking a wave of chatter across the crypto community. Is this just a momentary blip or the beginning of a deeper trend?
Meanwhile, in the realm of tech and innovation, Elon Musk is optimistic, declaring, “the future is going to be amazing.” With AI and robotics set to reshape our world, can we expect a sustainable income for all? What are your thoughts on the intersection of crypto and tech advancements?
On the regulatory front, there’s some significant news. The Trump administration has stated we are closer than ever to passing landmark crypto market structure legislation. This could have a profound impact on how we trade and invest.
Additionally, the Senate has confirmed Michael Selig as the new CFTC Chairman. A pro-crypto figure in this position could signal a more favorable regulatory environment for all of us.
How do you feel about these developments? Are they enough to inspire confidence, or do you think we should brace for more volatility? Let’s get the conversation rolling.
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