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Quantum Computing Risk Weighs on Bitcoin Outlook

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Bitcoin faces a significant emerging risk from quantum computing, with analyst Charles Edwards warning that the current bear market could intensify if the network fails to address this technological threat. According to a recent Capriole report, Bitcoin's market value should already reflect a discount for quantum vulnerability, and this discount could deepen rapidly without tangible progress toward quantum-resistant upgrades. This introduces a new fundamental concern beyond traditional market cycles.

While quantum computing remains in developmental stages, the timeline for potential threats is uncertain, creating a pressing need for proactive network evolution. Failure to demonstrate meaningful advancement toward quantum-proof solutions could see Bitcoin testing the $30,000 level next year, according to the analysis. This scenario highlights how technological risks, rather than just macroeconomic factors, are increasingly influencing crypto valuations.

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