💥 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
Many people worry that quantum computers could break Bitcoin's security, but according to CoinShares' research, the current actual risk is much lower than what the market fears.
They suggest that if a real attack occurs, only about 10,200 BTC are stored in very old wallets ("permanently exposed public key addresses"), which are at significant risk of being attacked. This number is very small compared to the total Bitcoin supply.
Additionally, current quantum computing technology is still far from being powerful enough. To break Bitcoin's security in a short period, a quantum computer would need to have millions of qubits, while the most powerful today has just over 100 qubits. Therefore, many experts estimate that it will take at least 10 more years before there is a real threat. During that time, Bitcoin can fully upgrade to quantum-resistant algorithms.#BuyTheDipOrWaitNow?