BlackRock: Bitcoin Quantum Threat Dismissed

BlackRock managing director Jay Jacobs told Bitcoin holders quantum computing presents no near-term threat to the network.

BTC price prediction models must now factor this regulatory reassurance while price tests lower Bollinger support at $62340.89 on the 4h chart; the bearish trend structure holds with EMA50 resistance at $63932.79 and EMA200 at $68221.17 capping upside, MACD death cross at -339.94 locking in downside momentum, and RSI at 33.71 leaving room for further compression before any relief rally. Quantum security statements arrive as traders monitor whether this macro clarity can offset the prevailing technical pressure without triggering a crypto market crash scenario.