💥 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
#CPI Matters for #BTC
BTC trades as a liquidity asset, not just a risk asset.
CPI affects Fed expectations causing Rate cuts/delays impacting Dollar, Yields and consequently $BTC
Higher inflation would lead to
Fewer rate cuts
Stronger #USD
Higher bond yields
Risk assets sell
Whereas Lower inflation:
Rate cuts more likely
USD weakens
Yields drop
Risk assets pump
Today Bullish scenario
If CPI comes in:
MoM ≤ 0.2%
YoY below expectations
Then Expect:
#DXY drop
Yields down
BTC spike up 2–5% quickly
Shorts squeezed
Crypto reacts fast often within seconds
However its Bearish If CPI:
MoM ≥ 0.4%
YoY above 2.6–2.7%
Then Expect:
Yields spike
DXY rallies
BTC dip 2-5%
Liquidity sweep below local lows
Hot prints hurt crypto.