It looks like bitcoin has failed on so many occasions to breach 10k that a triple top could form both monthly and weekly!
The way it keeps hammering into $10K on the daily chart is bullish to me. Usually when S/R gets tested over and over, it eventually breaks.
I don't really buy the triple top theory either:
A triple top (October 2019, February 2020, June 2020) isn't good for the bulls.
Double tops (or triple tops) are topping patterns that appear at the end of uptrends. $10.5K is resistance in a long term downtrend. Big difference. The lower lows in between those peaks rule out any sort of topping structure like that.
Triple tops are unicorns anyway. I've never seen them work before. Usually it's just a temporary consolidation before a prior double top is broken to the upside.
