Ark Invest and Unchained say about 34.6% of Bitcoin—mainly early, reused and 
Taproot addresses—could be vulnerable if future quantum computers crack 
today’s cryptography. Roughly one-third of all Bitcoin (BTC) in circulation 
could still be vulnerable if future quantum computers break…

Quantum threat lingers over legacy BTC as Ark flags structural tail risk

Crypto analyst Leshka has explained why it is unlikely that the Bitcoin price 
has bottomed even as it continues to attempt a recovery above $70,000. His 
analysis also aligns with predictions from analysts such as Doctor Profit, who 
predict that BTC could still drop to $40,000. Analyst Explains Why Bitcoin 
Price Hasn’t Bottomed In an X post, Leshka noted that the Bitcoin price has 
never bottomed after a drawdown of just 47%. He further remarked that every 
bear market in history saw at least 78% drawdown from the top. BTC notably saw 
drawdowns of around 87%; 84%; and 73% in 2013, 2017, and 2021, respectively. 
Related Reading: Pundit Reveals Why Bitcoin Is Headed For Another Crash To 
$42,000 As such, the analyst declared that the Bitcoin price is not yet at a 
bottom and that another flush to the downside is approaching. His accompanying 
chart showed that BTC could still drop to around $50,000 before it finds a 
macro bottom in this market cycle. Leshka noted that the leading crypto 
continues to retest the $72,000 resistance and has failed to hold above it on 
every attempt. Based on this, he predicted that a drop to $55,000 is next. 
Crypto analyst Doctor Profit also recently warned that the Bitcoin price 
hasn’t found a macro bottom, though he predicted that BTC could form a local 
bottom between $57,000 and $60,000. In the long term, he still expects Bitcoin 
to drop below $50,000 and into the low $40,000, which he believes will mark 
the macro bottom. Doctor Profit stated that the leading crypto could find a 
bottom between September and October later this year. In the meantime, he 
predicts that the Bitcoin price could see a relief bounce or continue trading 
sideways before recording another leg to the downside. BTC Is In The ‘Relief 
Rally’ Phase In an X post, crypto analyst Julio Moreno noted that the Bitcoin 
Bull Score Index has reached 30, its highest level since late October. The 
index phase has switched from extra bearish to bearish while bull flags have 
turned on for exchange flows, stablecoin liquidity growth, and price momentum. 
However, he warned that the Bitcoin price is still in a bear market and is 
simply seeing a relief rally. Related Reading: Bitcoin Candlestick Structure 
That Led To Crash To Below $20,000 Last Cycle Just Appeared Again Crypto 
analyst Benjamin Cowen noted that in bear markets, the Bitcoin price will 
often spend more time going up than going down. However, when it goes down, it 
drops very quickly, then sets a low, then trends back up for a few weeks to 
months before dropping again. “You can see the change in market structure from 
bull to bear,” he added. At the time of writing, the Bitcoin price is trading 
at around $69,300, down in the last 24 hours, according to data from 
CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com

Has Bitcoin Price Bottomed Yet? Analyst Says We’re Not There Yet

Bitcoin showed early signs of overtaking gold in the market as new data 
outlined an opportunity based on historical returns around the US midterm 
elections.

Bitcoin catching up to gold hints at an ‘opportunity within risk’

A new report digs dip into short-term Bitcoin price trajectory, citing the 
U.S. mid-term elections as a key catalyst that could spark a rally. Bitcoin 
(BTC) could see a strong move higher after the next U.S. mid-term elections, 
according to…

Bitcoin price may rally after U.S. mid-term elections: Binance Research

Vitalik Buterin reframes Ethereum as censorship‑resistant “global shared 
memory,” with PeerDAS scaling its data layer for voting, identity, and 
on‑chain coordination. Ethereum (ETH) co-founder Vitalik Buterin says the 
network’s real value lies in acting as a globally shared “bulletin board”…

Cryptocurrency price in USD