Bitcoin, Ethereum Face Quantum Threat by 2030
Bitcoin and Ethereum could face 'Q-Day' quantum computing threats as early as 2030, per new report, impacting BTC price prediction and crypto market security.
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Quantum computing's 'Q-Day' looms over Bitcoin and Ethereum, potentially cracking their encryption as soon as 2030, warns a fresh report from Decrypt. This revelation slams the crypto space, where networks like BTC rely on elliptic curve cryptography vulnerable to advanced quantum attacks, echoing last year's scares but now with tighter timelines amid AI industry impact on computing power.
As a senior macro-crypto prop trader, let's dissect the 4h BTC chart confluence amid this quantum hype. Price action holds bullish above the EMA200 at $75,472.56, with the EMA50 at $79,329.92 acting as immediate support, but the MACD death cross at 877.24 signals bearish momentum dragging against the neutral RSI of 59.5. Volatility squeezes inside Bollinger Bands, testing upper resistance at $82,828.41 while lower support at $78,481.53 beckons—expect a sharp pullback to that EMA50 confluence before any quantum-fueled rally resumes, especially if trends like TAO in decentralized AI spike interest in quantum-resistant tech.
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