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Tamilnadu Crypto News
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By @tamil_btc
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BITCOIN #BITCOIN BULL MARKET

BIG RESISTANCE: $63,000 ( Monthly )
BIG SUPPORT: $30,000
NEW: #Bitcoin   has now set ALL-TIME HIGHs against 9 out of the 10 top currencies in 2024 🔥
JUST IN: 🇬🇧 London Stock Exchange to launch market for #Bitcoin    exchange traded notes on May 28.
🎉 Big News! 🎉

Nilam Resources, a company that digs up gold and other valuable metals in South America, has a huge plan.

They want to buy 24,800 #Bitcoin  which is worth about $1.7 billion! 🚀
🇺🇸 2024 will be the #Bitcoin    election
The Spot #Bitcoin    ETFs hold in total more than 1,000,000 $BTC.
This #Bitcoin    bull market is only just getting started...
Almost $700M in #Bitcoin shorts will be liquidated at $65,000!
#Bitcoin’s year-to-date net flows hit an all-time high of $19.3 billion
The #Bitcoin bullish divergence is exactly playing out!
The current #Bitcoin price action is a classic end-of-Blue-Year scenario—boring, yet crucial preparation for the explosive Red Year, the year of all-time highs. It’s like we’re back in August 2012, 2016, and 2020, gearing up for the next big wave.
JUST IN: The % of illiquid #Bitcoin supply has just hit a new all-time high!

Nearly 74% of $BTC circulating supply is now classified as illiquid, according to Glassnode data.

The Halving-induced supply shock is intensifying, tightening the squeeze as we approach the next major bull run.
JUST IN: The % of illiquid #Bitcoin supply has just hit a new all-time high!

Nearly 74% of $BTC circulating supply is now classified as illiquid, according to Glassnode data.

The Halving-induced supply shock is intensifying, tightening the squeeze as we approach the next major bull run.
As more money becomes widely available, the price of #Bitcoin will increase.
#Bitcoin is breaking critical resistance!

The breakout is starting!!!!
$MSTR is beating 100% of the S&P 500 with #Bitcoin

$MSTR alone now holds 1.3% of the total #Bitcoin supply
Buy #Bitcoin 500 days before the halving, sell 500 days after the halving.
Bitcoin Hits New ATH at $89,500: This Bull Run is Just Getting Started 🚀

#Bitcoin just hit a new ATH at $89,500 🔥

The 50-day EMA is acting as strong support.
As long as we're above it, we can hold our longs.

If we're near the 50-day EMA, it’s a great time to open more long setups.

This bull run is going to be massive, guys... 🚀
Massive Bullish Signal: US Government to Buy 1 Million #Bitcoin 🚀

The US Government is looking to buy 1 million Bitcoin over the next 5 years.
2,00,000 Bitcoins per year over a 5 year period 🇺🇸

That’s a massive $84 billion at today’s prices.
Current Price of Bitcoin is $89000 🤯

If the bill passes, #BTC could become the new reserve asset for the United States.

This could be huge for the market! 🚀