Investment bank Bernstein forecasts Bitcoin rising to $150,000 by mid-2027 and $300,000 by 2029, driven by the sovereign debt crisis and institutional demand. Charles Edwards, founder of Capriole Investments, argues this scenario is only feasible if Bitcoin Core developers implement quantum-resistant cryptography in time, with fear of the quantum threat currently depressing Bitcoin’s price by 30%. Between 20% and 30% of existing BTC, including Satoshi Nakamoto’s coins, are exposed to Shor’s quantum algorithm. Bitcoin Core developers are currently discussing BIP-360 and BIP-361 proposals to upgrade the protocol, while Galaxy Digital has allocated $5 million through its Bitcoin Quantum Readiness initiative.
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