According to Odaily Planet Daily, the recent rise of 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, indicating increased buying pressure. Bitwise Research head André Dragosch warned that Bitcoin market sentiment has reached its highest level since November 2024, which may trigger a short-term correction. The daily RSI indicates overbought risks, 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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