I Expect Bitcoin to Break $123,215 and Rally Toward $150,000 by Q1 2026

I see Bitcoin setting up for a decisive short-term breakout above $123,215, which I expect would clear the way for a medium-term rally toward $150,000 by Q1 2026.

Technical momentum remains bullish despite a recent 4.27% pullback; the dip looks like consolidation rather than a trend reversal.

I’ll be watching the $123,215 zone as the trigger for stronger upside conviction and will size positions with risk controls in case the breakout fails.