$BTC Could Drop Below $50K Without Quantum Fix by 2028


Charles Edwards, founder of quantitative Bitcoin fund Capriole, warned Wednesday that $BTC could fall well under $50,000 if the network fails to develop quantum resistance by 2028. He posted on X that the industry needs to move quickly to address the emerging threat.


Edwards said a major bear market might be necessary to motivate network upgrades and eliminate those dismissing the #quantum threat as insignificant. He expects Bitcoin will trade below $50,000 and continue falling until developers deploy a solution.


The Capriole founder emphasized the urgency of implementing a patch by 2026. He stated that without a fix next year, Bitcoin faces the biggest #bearmarket in history that would make the FTX collapse look minor by comparison.


Quantum computing poses risks to #crypto encryption systems that could expose user keys and sensitive data to malicious actors. More advanced computers theoretically possess capabilities to break current encryption standards, revealing funds to bad actors.

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December 17, 2025 at 1:19 PM
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