💥 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
Trump-Backed Mining Firm Crosses 6,000 BTC Milestone $BTC
American Bitcoin, a mining company backed by the Trump family, now holds over 6,000 BTC. On-chain tracking shows total holdings at 6,028 BTC.
Key points
Total reserves exceed 6,000 BTC.
Current balance: 6,028 BTC.
Estimated value: around $403 million.
This indicates continued accumulation by a mining firm with political connections.
The increase shows that large-scale miners are strengthening their Bitcoin reserves instead of reducing their exposure.
With mining companies building large reserves, could this limit the circulating supply over time?#GateSquare$50KRedPacketGiveaway