BTC Dominance (BTC.D) – 17 May Snapshot

On 12 May, BTC.D held the key support at 62.18% — no breakdown occurred. It’s now trading at 63.65% and appears to be heading towards a retest of the 64%–64.50% zone. The previously broken daily uptrend line is likely being retested, along with a Fair Value Gap (FVG) fill. This zone could act as a critical resistance level.

Weekly View:

We previously saw a fake breakdown, but this time there’s a strong possibility of a real move. The rising wedge hasn’t broken down yet, but structurally, it seems the top might already be in — a breakdown could follow right after the daily retest.

Key Points:

Trading at 63.65%, heading toward 64–64.50%

Daily uptrend line retest + FVG zone in play

Weekly wedge still intact, but breakdown pressure is rising

Real move could be just around the corner

If BTC.D drops — altcoins could fly.

I am not a financial advisor. Do your own research.$BTC #BinancePizza