Citi: Bitcoin Quantum Risk Tops Ethereum
Citi flags higher quantum computing threat for Bitcoin than Ethereum as BTC trades at $77021.88 with bearish 4h structure.
SourceAnalysis
Citi warned that Bitcoin carries greater quantum computing risk than Ethereum, citing slower upgrade paths in the BTC protocol over the past year.
BTC price action on the 4h chart shows price at $77021.88 inside the Bollinger Bands, with the lower support at $76338.08 acting as immediate floor while the upper resistance sits at $79523.55. The EMA50 at $78947.79 continues to cap upside as resistance, and the EMA200 at $77374.5 offers thin overhead cover. Momentum remains weak with RSI at 37.36 and MACD printing a clear death cross at -788.07, pointing to further downside pressure before any sustained recovery.
Decrypt
@DecryptMediaDelivers cutting-edge news and educational content on cryptocurrency, decentralized finance, and Web3 innovations for a global audience of blockchain enthusiasts.