Willy Woo: The market has pre-priced the quantum threat with 4 million sell pressure, and BTC price performance will continue to be overshadowed by gloomy conditions

BTC2,46%

BlockBeats News, February 16 — Renowned analyst Willy Woo stated that the 12-year valuation trend of Bitcoin relative to gold has recently been broken. Bitcoin’s relative valuation should be higher, but in reality, it has not been achieved, mainly due to market preemptively pricing in potential issues stemming from the risk of quantum computing.

Bitcoin may be patched in the future through quantum-resistant signatures, but this cannot solve the problem of approximately 4 million “lost” BTC (early lost private keys that could be cracked by quantum computers) re-entering circulation. Willy Woo estimates there is a 75% chance that these lost bitcoins will not be frozen through protocol hard forks, so the market needs to account for the 4 million sell pressure in advance.

Since MicroStrategy began accumulating BTC in 2020, the total enterprise and ETF holdings amount to only 2.8 million BTC. These 4 million lost tokens are equivalent to 8 years of enterprise accumulation, which could cause serious supply dilution. Before “Q-Day” (the day quantum computing threats are realized, estimated to be 5-15 years from now), BTC prices will continue to be affected by this cloud.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Brave Introduces Cross-Chain Swaps for Bitcoin, Solana, Zcash, and Cardano Supported by NEAR Intents

Brave Wallet v1.88 added NEAR Intents, enabling cross-chain swaps across Bitcoin, Solana, Zcash, Cardano, and EVM networks. NEAR Intents has processed over 19 million swaps and more than $14 billion in volume across 35 chains before this wallet integration. Brave has added NEAR Intents to it

CryptoNewsFlash18m ago

"Seeking a Sword by Marking a Boat" style coin price predictions go viral: the practical logic and flaws of mystical prophecies

Author: Frank, PANews Whenever the market enters a confusing phase of stagnation, someone attempts to predict the next trend using a "cutting the cord at the boat" style of historical retrospection method. In such circumstances, people often see from these theories and charts that history is repeating itself, and seem to automatically overlap and verify future market movements with a certain period in the past. This coincidence appears to have a magical effect and is often verified. Some bloggers claim that the accuracy rate of this type of prediction can reach 75%~80%. Does this "cutting the cord at the boat" style price prediction that repeatedly goes viral on social media actually help the market identify phases, or is it packaging noise as prophecy? From "Tick Fractals" to "History Rhymes" The peak operation regarding the prediction of a market top in October 2025 comes from an analyst named CryptoBullet, who created a method called "tick

PANews52m ago

Bitcoin Early Warning of Stock Market Risk? Global Stock Market Turbulence Intensifies After BTC Drops to $60,000

Recently, analysts have pointed out that Bitcoin's price movements often lead traditional risk assets, reflecting the weakness in global stock markets. After experiencing volatility, Bitcoin is currently stabilizing around $70,000, with market sentiment being affected by geopolitical tensions and rising oil prices. Historical data shows that Bitcoin often exhibits signs of peaking before stock market corrections, and investors are beginning to regard it as an important indicator for monitoring risk asset sentiment.

GateNews57m ago
Comment
0/400
No comments