Adam Back Talks About the Long-Term Quantum Security of Bitcoin
Quantum Threat Assessment: Adam Back, CEO of Blockstream, claims Bitcoin is safe from quantum computing threats for the next 20 to 40 years, supported by existing post-quantum cryptographic algorithms.
Market Stability: There have been no significant reactions or volatility in the Bitcoin market related to quantum computing fears, indicating resilience and stability in the industry.
Expert Consensus: Industry experts agree that commercially viable quantum computing is still a decade away, allowing ample time for the integration of quantum-ready technologies.
Developer Vigilance: Ongoing discussions among Bitcoin developers focus on potential security measures, ensuring preparedness for future advancements in quantum computing while maintaining current protocol stability.
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Technical Analysis for Q
Technical Sentiment Analysis for Quack AI (Q) As of , Quack AI (Q) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 9 technical signals, shows that 7 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for Q stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, Q is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Quack AI (Q) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0075 | 0.0119 | 0.015 | 0.0194 | 0.0224 | 0.0268 | 0.0299 |
| Fibonacci | 0.0119 | 0.0148 | 0.0165 | 0.0194 | 0.0222 | 0.024 | 0.0268 |
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