🔥💥Is Elon Musk Considering Dogecoin for X-Fee Transactions? #ElonMuskTalks , the owner of social network X, is back with another great update.

In a recent announcement, Musk said that X will begin charging a small fee for blocking widespread bot activity on the platform, which will take Dogecoin payout stories to the next level. Musk, the leader of Tesla, has long been known as a staunch defender of #Dogecoin‬⁩ , and also shows his admiration for the token from time to time. The new announcement has led to an influx of rumors about the Dogecoin payout, sparking speculation about whether Doge X could be one of the tokens that X could accept in the near future.

The BTC rate at the moment is below $61,000. The volume level of $61,231 has been broken (but there is a fight for it). The first of two volume levels (the second is $58,797), acceptable for the scenario of the final takeout before the reversal. While the rebound is underway, the liquidity behind yesterday's low has been removed. The liquidity behind the level on April 13, when there was a dump, is not so far away - below $60,620. And the price had already dropped to $60,764. According to the trend, the nearest important ones: - Rising trend support from December 2023, which was resistance until February 2024, and is now support. Marked with a dotted line. Currently $60,360.- Minor uptrend trend starting from February 2024. Marked with a dashed line. Currently $59,860. A squeeze below is acceptable for the bulls. But closing on a four-hour timeframe lower is dangerous and will threaten to go to the volume levels of $57,709, $56,361, $55,059, $51,604, $50,312. According to the moving averages, the nearest important support will be $50,312, suitable for the EMA of the 200 day TF. Still a bearish scenario, which is not a priority for us. But if consolidation begins under the trend ones, it will be stupid to deny. The turning point breaks the reversal signal on our local trend indicator and on the four-hour time frame. Showing the weakness of buyers and the strength of sellers. By the way, in the same way, but in a mirror way, it broke down with the “Expensive” signal on April 7. Then there was an overshoot and then there was a reversal anyway. The#BTCvolatility index is high and the indicator has more errors. Regardless of whether it will now consolidate above $61,231, after such a movement you need to focus on searching for reversal candles already on the daily timeframe. They will probably be on Friday and Saturday. Until these days, there will most likely be a range or decline. If impulse growth begins and this scenario is reset, we will write. For now, the assessment is the same - BTC is looking for the bottom before reversing. And this search should soon end.