Michael Saylor Warns Bitcoin Faces Quantum Threat from Ambitious Opportunists
- Protocol Risk: Michael Saylor warns that the biggest threat to the Bitcoin network comes from 'ambitious opportunists' seeking to push protocol changes, igniting fierce debate within the community regarding software developers advocating for non-monetary uses.
- Quantum Computing Debate: Investor Fred Krueger argues that quantum computing poses the greatest risk to Bitcoin, while Mert Mumtaz, CEO of Helius, counters that those wanting to advance technology are not the real threat, emphasizing Bitcoin's historical bugs.
- Community Divisions: Saylor's comments have intensified the divide between Bitcoin maximalists and software developers, the latter advocating for expanded features like quantum-resistant wallet addresses and on-chain file storage, reflecting differing visions for the future of Bitcoin.
- Market Reaction: Despite the extensive discussions surrounding quantum threats, Bitcoin market analyst James Checks notes that these fears have not impacted Bitcoin's market price, attributing the recent downturn primarily to long-term holders selling their assets.
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Technical Analysis for Q
Technical Sentiment Analysis for Quack AI (Q) As of , Quack AI (Q) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 4 indicators are flashing buy, while 3 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 | 0.000705 | 0.00852 | 0.0135 | 0.0213 | 0.0263 | 0.0341 | 0.0391 |
| Fibonacci | 0.00852 | 0.0134 | 0.0164 | 0.0213 | 0.0262 | 0.0292 | 0.0341 |
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