I got a call from someone yesterday that I consider a close friend.  They are a holder of 1 BTC they bought for $8,000 back in 2016 or 2017 I believe after being aware and following BTC since probably 2012.  They called me to let me know that they were cashing out their 401K to go all in on Bitcoin.  I warned them this was a bad idea and urged them to dollar cost average instead, but they are dead set on "betting big" and fine if they lose everything.  They just want to be more in the game.  I say this both as a warning that people are starting to overinvest in Bitcoin and perhaps a potential bullish signal, as this is someone who holds BTC, has watched it for a long time, and was early to the bubble in 2017.  Maybe this is a sign we're about to jump to $80,000 or it may be a sign that people are acting irrationally which is usually a top.  I'm not sold on this being a top yet, but if I start getting messages on Facebook from people who have never owned Bitcoin or followed it, I'll begin getting worried.