But what I can say right now is that we still have a long way to go to just being into overbought, which doesn't mean that the price will go down, but that it can hold up for a while while giving us this indicator until it reaches a point where it can't go any higher.

I have the same opinion too. Bitcoin can still do better. This is why I have the confidence to always buy after a minor drop on Changenow.io. I buy with my card so it's fairly simple and fast.
Great post