💥 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
Fink, a key player, has retracted his 2017 claim that Bitcoin is primarily intended for illegal activities. This significant shift was revealed at the New York Times DealBook summit, as well as in a published online statement. "I was wrong about Bitcoin. My previous position was mistaken," said Larry Fink.