💥 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
🚨 BREAKING:
🇯🇵 Bank of Japan hikes interest rates to 0.75%, the highest in 30 years 🤯
Here’s what this means for global markets—and crypto.
For years, Japan was a major source of cheap global liquidity. Investors borrowed yen at low rates and funneled it into stocks, bonds, gold, and crypto. Borrowing was cheap, and risk assets offered better returns.
Now it’s different:
With higher rates, borrowing yen is more expensive. Fewer investors borrow, and some existing funds move back to Japan. This pulls liquidity from global markets, creating pressure. Less liquidity generally = bearish conditions for risk assets.
Impact on crypto:
Crypto markets rely heavily on liquidity. Less money flowing in = weaker demand, higher volatility, and more downside risk. This could keep the market bearish for the next few days.
$BTC could test the $70,000 zone in the coming week.
⚠️ Important: This is not an immediate dump signal. Think of it as a potential pullback toward $70,000, which could become a strong buying opportunity toward the end of December. From January onwards, markets are expected to recover and pump hard—profits can be taken around mid-January. 🔥
Key takeaway: Stay patient, manage risk wisely, and keep following PandaTraders for timely, credible crypto insights with high-accuracy signals.
$BTC
#FedRateCutPrediction