Someone asked, will Bitcoin be broken by quantum computers? Recently, Google released its first quantum chip, and some people began to worry that quantum computers would crack Bitcoin private keys.
I think everyone is a bit too nervous; the likelihood of Bitcoin being broken is very low.
In fact, this topic was already hyped back in 2018. Although quantum attacks may occur, Bitcoin's POW consensus algorithm can simply be updated to a quantum algorithm to defend against such attacks.
As it stands, this seems more like market manipulators using this news to create panic. Although it may affect short-term market sentiment, the actual likelihood of it happening is very small. Bernstein analyst Gautam Chhugani also mentioned in a recent research report that despite Google launching its first quantum chip, Willow, its 105 qubits of computing power is still far from the millions of qubits required to crack Bitcoin's ECDSA and SHA-256 algorithms.
He believes that Bitcoin recently falling below $100,000 is mainly due to excessive leverage rather than the threat of quantum computing. He maintains that Bitcoin will rise to $200,000 in this bull market and advises people to buy on dips in the $95,000-$98,000 range.
His logic is that the demand for Bitcoin spot ETFs is strong, coupled with institutions like MicroStrategy, MARA, and Riot continuously increasing their holdings, Bitcoin is likely to rise in the long term. Recent data also shows that MicroStrategy is still making large purchases of Bitcoin, and Wall Street's ETF holdings have already surpassed Satoshi Nakamoto.
Trump is also very concerned about Bitcoin's price, hoping it will reach $150,000 during his early term. President Trump's son, Eric Trump, also said, "I believe Bitcoin will reach $1 million."
Bitwise's prediction for cryptocurrency prices in 2025 is that Bitcoin could rise to $200,000, Ethereum to $7,000, and Solana to $750.
It can be seen that both Trump and American Wall Street capital are very optimistic about Bitcoin's future price trends.
