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, increasing buying pressure. Bitwise Research Director André Dragosch 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 risks, with the next support level around $100,000; if this level is broken, it may test the 20-day EMA near $97,385.

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