According to Odaily Planet Daily, the recent rise in Bitcoin aligns with the 'bull flag' pattern on the weekly chart, with a target price forecast of $150,000. Technical indicators show positive signals, with the weekly RSI rebounding above 65 and buying pressure increasing. André Dragosch, head of research at Bitwise, warns that Bitcoin market sentiment has reached its highest level since November 2024, which may trigger a short-term pullback. The daily RSI indicates overbought risk, with the next support level around $100,000; if this level is breached, it may test the 20-day EMA near $97,385.

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