💥 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
$PI Today the reason for the rise of Bitcoin
1. The three main indices of the American stock market opened with a rise, which led to a pump in the crypto industry.
2. Bitcoin spot ETF begins net inflow
3. Hyperscale Data increased its share by 38.74 Bitcoin, currently holding a total of 421.67 BTC.
4. American banks advise clients to allocate 1%-4% of their portfolio to cryptocurrency.
5. Argentina's state oil company YPF has just announced that it will accept Bitcoin as payment.
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