Bitcoin Eyes $150,000 by Q1 2026 After $123,215 Breakout
I expect Bitcoin to clear a short-term breakout level at $123,215 and make a run toward $150,000 by Q1 2026.
Technical indicators still show bullish momentum despite a recent 4.27% pullback, so this correction looks like a temporary retracement rather than a trend reversal.
I will watch for a confirmed breakout and manage risk with size limits and stops given Bitcoin's volatility.
Analysis
Recommendation
I'm bullish—consider buying, preferably with staggered entries or on weakness, and use strict position sizing and stop-losses below recent support to manage risk.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.