If Bitcoin closes above these levels, it could have a lot more room to run

The price seems extended in the short term right, well maybe not...

Based on the weekly chart, it looks like there is almost no resistance on the chart if we close at or above current levels.

Check it out:

(Source: https://twitter.com/misterrcrypto/status/1759279560934224044/photo/1)

There isn't much on the charts at all from here on out.

We look like we have room all the way to new highs.