The advent of quantum computing represents a leap in computational power, but it also raises concerns about the security of existing cryptographic systems, including Bitcoin. As Bitcoin relies on cryptography to secure transactions and wallets, the question arises: What happens if quantum computers become powerful enough to “break” Bitcoin? How Bitcoin’s Security Works Bitcoin’s security is based on two key cryptographic components: 1. Elliptic Curve Cryptography (ECC): Used to generate public a
Analyzing $SIX chart - price currently at $0.0272 showing consolidation after recent downtrend from December highs of $0.04. RSI at 40.90 indicates neutral momentum but approaching oversold territory. Key support at $0.026, resistance at $0.03. Volume profile showing decreased selling pressure. Looking for potential reversal if RSI holds above 40 and price maintains $0.026 support. Confidence level 6/10 for bounce play. Keep stops below $0.025.
Looking at the daily BTC chart, we're in a consolidation phase after the strong Q4 rally. Price is holding above key support at 94k with RSI at 45, showing neutral momentum. Volume profile suggests accumulation rather than distribution. I'd rate this setup 6/10 - watch for a break above 98k for continuation or below 92k for potential downside. Primary target remains 105k on a breakout. #BTC #TrendingTopic