{"id":656406,"date":"2024-12-03T07:04:17","date_gmt":"2024-12-03T07:04:17","guid":{"rendered":"https:\/\/ktsl888.com\/?p=656406"},"modified":"2024-12-03T07:04:32","modified_gmt":"2024-12-03T07:04:32","slug":"jinacoin-japans-leading-cryptocurrency-media-analyzes-bitcoin-market-trends","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/company\/jinacoin-japans-leading-cryptocurrency-media-analyzes-bitcoin-market-trends\/","title":{"rendered":"\u201cJinacoin,\u201d Japan\u2019s Leading Cryptocurrency Media, Analyzes Bitcoin Market Trends."},"content":{"rendered":"<h3><span style=\"font-weight: 400\">Bitcoin\uff08BTC\uff09 Technical Analysis<\/span><\/h3>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-656409 aligncenter\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/Picture2_cbb942.png?resize=904%2C518\" alt=\"\" width=\"904\" height=\"518\" srcset=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/Picture2_cbb942.png?w=904 904w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/Picture2_cbb942.png?w=460 460w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/Picture2_cbb942.png?w=768 768w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/Picture2_cbb942.png?w=860 860w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/Picture2_cbb942.png?w=750 750w\" sizes=\"auto, (max-width: 904px) 100vw, 904px\"><\/p>\n<p><span style=\"font-weight: 400\">Yesterday, Monday the 2nd, <\/span><a href=\"https:\/\/jinacoin.ne.jp\/bitcoin-chart\/\"><span style=\"font-weight: 400\">Bitcoin&#8217;s price<\/span><\/a><span style=\"font-weight: 400\"> dropped by 1.43%. While it briefly surpassed $98,000, it faced resistance from the ascending parallel channel on the monthly chart, keeping upward momentum in check. The bottom price hovered around $94,400, supported by the short-term moving average, helping maintain the price level.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Bitcoin, which had been steadily rising, was said to be on the brink of reaching $100,000. However, it is now experiencing consolidation near $98,000, where a strong resistance line at the monthly level overlaps. With signs of lower highs forming, it may be necessary to prepare for a potential temporary decline.<\/span><\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-656408 aligncenter\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/Picture3.png?resize=904%2C520\" alt=\"\" width=\"904\" height=\"520\" srcset=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/Picture3.png?w=904 904w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/Picture3.png?w=460 460w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/Picture3.png?w=768 768w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/Picture3.png?w=860 860w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/Picture3.png?w=750 750w\" sizes=\"auto, (max-width: 904px) 100vw, 904px\"><\/p>\n<p><span style=\"font-weight: 400\">On the 4-hour chart, it is expected that the horizontal line near the previous low of $95,000 will play a crucial role as support.<\/span><\/p>\n<p><span style=\"font-weight: 400\">As for the near-term trading strategy, if the bulls push the price higher, there is a high likelihood of breaking through the strong resistance line at the monthly level, potentially achieving $100,000 by the end of the year. Conversely, if the bears drive the price down to around $92,000, a complete double top (a bearish signal) could form on the daily chart. In that case, it suggests the possibility of entering a prolonged weekly-level correction phase and delaying the timeline for reaching $100,000.<\/span><\/p>\n<h3><span style=\"font-weight: 400\">What is JinaCoin?<\/span><\/h3>\n<p><a href=\"https:\/\/jinacoin.ne.jp\/\"><span style=\"font-weight: 400\">JinaCoin<\/span><\/a><span style=\"font-weight: 400\"> is a leading cryptocurrency media platform in the Japanese market, operated by <\/span><a href=\"https:\/\/jaybe.co.jp\/\"><span style=\"font-weight: 400\">Jaybe Co., Ltd<\/span><\/a><span style=\"font-weight: 400\">. It provides reliable <\/span><a href=\"https:\/\/jinacoin.ne.jp\/category\/news\/\"><span style=\"font-weight: 400\">news<\/span><\/a><span style=\"font-weight: 400\">, in-depth analysis, and expert opinions related to the latest blockchain technologies and cryptocurrencies. By accurately tracking industry trends and delivering valuable information, JinaCoin supports informed decision-making for cryptocurrency investments. With a strong focus on technological innovation and investor protection, JinaCoin contributes to the growth of both the Japanese and global cryptocurrency communities.<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin\uff08BTC\uff09 Technical Analysis Yesterday, Monday the 2nd, Bitcoin&#8217;s price dropped by 1.43%. While it briefly surpassed $98,000, it faced resistance from the ascending parallel channel on the monthly chart, keeping upward momentum in check. The bottom price hovered around $94,400, supported by the short-term moving average, helping maintain the price level. Bitcoin, which had been steadily rising, was said to be on the brink of reaching $100,000. However, it is now experiencing consolidation near $98,000, where a strong resistance line at the monthly level overlaps. With signs of lower highs forming, it may be necessary to prepare for a potential temporary decline. On the 4-hour chart, it is expected that the horizontal line near the previous low of $95,000 will play a crucial role as support. As for the near-term trading strategy, if the bulls push the price higher, there is a high likelihood of breaking through the strong resistance line at the monthly level, potentially achieving $100,000 by the end of the year. Conversely, if the bears drive the price down to around $92,000, a complete double top (a bearish signal) could form on the daily chart. In that case, it suggests the possibility of entering a prolonged weekly-level correction phase and delaying the timeline for reaching $100,000. What is JinaCoin? JinaCoin is a leading cryptocurrency media platform in the Japanese market, operated by Jaybe Co., Ltd. It provides reliable news, in-depth analysis, and expert opinions related to the latest blockchain technologies and cryptocurrencies. By accurately tracking industry trends and delivering valuable information, JinaCoin supports informed decision-making for cryptocurrency investments. With a strong focus on technological innovation and investor protection, JinaCoin contributes to the growth of both the Japanese and global cryptocurrency communities. &nbsp;<\/p>\n","protected":false},"author":392,"featured_media":656410,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[79568],"tags":[],"class_list":["post-656406","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company"],"acf":[],"yoast_head":"\n<title>\u201cJinacoin,\u201d Japan\u2019s Leading Cryptocurrency Media, Analyzes Bitcoin Market Trends.<\/title>\n<meta name=\"description\" content=\"Bitcoin\uff08BTC\uff09 Technical Analysis Yesterday, Monday the 2nd, Bitcoin&#039;s price dropped by 1.43%. 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