One potential worrying factor for the sustainability of this impressive bitcoin rally is the fact that the weekly Stochastic Relative Strength Index (Stochastic RSI) refuses to go down from a very overbought level. Instead, it only moves sideways while still maxed out
There is a huge doubt that this impressive bitcoin rally would last long, so we have to wait and watch until the thing stabilizes. We don't have to rely on indicators much, as most of the time they go wrong.
People that rely on indicators absolutely misunderstand the concept behind the uses of it because it was used to predict the trend which the market may poses but it does not guarantee that the analysis is totally right which is why most senior analysiser will always tell people that their predictions is not trading advice.