💥 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
🔮 Standard Chartered Bank has revised down its forecast for 2026, allowing BTC to fall to the $50 000 level before a possible recovery — for Ethereum, a dip to $1 400 is permitted.
Among the key risks analysts cite is the outflow of funds from spot ETFs: their total assets have decreased by nearly 100,000 BTC from October’s peak, and the average entry price for investors is estimated at around $90 000. The bank believes that ETF holders are more likely to realize losses than to increase their positions during a decline.
Previously expected levels of $150 000 for BTC and $7 500 for ETH by the end of 2026 have been revised down to $100 000 and $4 000, respectively.