$BTC Right now, everyone is cheering for Bitcoin's rise. Some are mortgaging their houses, others are borrowing money to increase their positions, flooding into the market.

But hold on, these three dangerous signals are flashing wildly:

Danger Signal 1: Technical indicators are off the charts

The weekly RSI has surged to the limit of the overbought range

The current trend is almost identical to the one before the major crash in 2021

Historical experience: This pattern is often followed by a dramatic drop in half