Dan Held: Discusses Bitcoin Adoption at Paris Blockchain Week
Dan Held speaks on Bitcoin institutional adoption and quantum threats at Paris Blockchain Week with Blockstream's Adam Back, amid BTC price at $74,820.
SourceCrypto veteran Dan Held shared insights at Paris Blockchain Week, teaming up with Adam Back of Blockstream to dive into surging Bitcoin institutional adoption and looming quantum computing risks that could shake the network's security foundations.
As BTC trades at $74,820 in this bullish trend, price action clings to the EMA50 support at $72,716 while the EMA200 at $70,470 anchors the longer-term floor—yet a bearish MACD death cross at 675.31 signals weakening momentum. With RSI neutral at 60.72, we're seeing confluence as Bitcoin probes the upper Bollinger Band resistance near $76,228, hinting at exhaustion; institutional clients should eye a pullback to the lower band support at $72,032 before any fresh upside, especially with quantum threats amplifying BTC price prediction volatility in this crypto market cycle echoing last quarter's HYPE-fueled rallies.
Dan Held
@danheldBitcoin DeFi investor and Asymmetric GP, advising major Web3 projects, with executive experience at Kraken, Uber, and Blockchain.