💥 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
NEW: 🟠 #Bitcoin Devs take steps to address the Quantum threat 👀
An updated version of BIP 360 has been merged into the official #Bitcoin BIPs repository. The proposal introduces Pay to Merkle Root, or P2MR, a new opt in output type that removes Taproot’s quantum vulnerable key path spend while maintaining compatibility with Tapscript and script trees. Key updates:
• Removes Taproot’s quantum exposed key path in a separate new output type
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• Lays groundwork for post quantum signature schemes using Tapscript and script tree optionality at spend time
• Implemented as a soft fork, existing Taproot outputs remain unaffected
• Adds Isabel Foxen Duke as co author to improve clarity and accessibility beyond the developer community
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