With BTC pushing higher, all eyes turn to MSTR’s make-or-break support level

͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­

	Forwarded this email? Subscribe here for more Saylor’s MSTR at Major Support With BTC pushing higher, all eyes turn to MSTR’s make-or-break support level Bitcoin Magazine Pro Apr 6   READ IN APP   What’s Happening Charles Schwab to launch Bitcoin trading in H1 2026. New Hampshire plans $100M Bitcoin backed bond. Bhutan moves another $25M in Bitcoin. Solo Bitcoin miner beats 1 in 28,000 odds to win $210,000 block reward. YOUTUBE ANALYSIS: The fate of Bitcoin’s future with Jameson Lopp. Price Action Bitcoin is attempting to make a new weekly high, breaking back above $69,000. A gain of +3.78% on the week. Figure 1: Past week price action Ultimately, though BTC remains in the range we had called back in February. We highlighted that BTC would need to spend a long time in the range after the sharp move down to $60,000. That has played out, and it may now soon be time for a breakout of this range. Figure 2: BTC remains above the 200 week moving average. One possibility is a breakout to the upside with a near term target of the short -term holder realized price, an important cost basis level for shorter term investors. If BTC broke out of the range, the initial target area would be around $80,000, which is where the STH Realized Price (orange line) is trending down towards. Figure 3: Short-Term Holder Realized Price We discussed the probability of this and other scenarios in much more detail in last week’s Bitcoin Magazine Pro members’ report. To access it and all platform features for clarity around Bitcoin, join us here. Saylor’s MSTR at Major Support Michael Saylor is back. After a brief pause in accumulation last week, his latest “Back to Work” post has reignited expectations that Strategy will soon announce another major Bitcoin purchase. With Strategy already holding over 762,000 BTC, we believe it won’t be long before Strategy is holding more than 1 million BTC in 2026. A mind-blowing number! Despite this long-term conviction, Strategy’s share price has struggled in recent months. The stock has lagged other high-flyers, such as Nvidia, as shown in the example below, while momentum in AI-related equities has dominated market attention. Figure 4: MSTR relative performance since Bitcoin adoption However, from our perspective at BM Pro, this recent weakness may be constructive. Price is now approaching a key long-term support level, with the 200-week moving average acting as an important historical floor during prior drawdowns. Figure 5: MSTR stock testing 200WMA for a second time We note that a second test of the 200WMA is not a particularly bullish signal, but if that level holds, it could become a potential higher low for MSTR stock. The stock has already retraced -80% from its 2024 highs. While short-term performance has cooled, the structural story remains intact. Strategy continues to separate itself from all other emerging Bitcoin treasury competitors in terms of the amount of bitcoin it is able to acquire. Figure 6: Strategy pulls further away after Marathon recent bitcoin sales. We continue to believe Strategy is on track to surpass 1 million BTC before year-end, further cementing its position as the dominant corporate holder. Saylor himself remains bullish, recently announcing: “Bitcoin has won. Global consensus is that BTC is digital capital. The four-year cycle is dead. Price is now driven by capital flows. Bank and digital credit will determine Bitcoin’s growth trajectory. The biggest risk is bad ideas driving iatrogenic protocol changes.” If that view proves correct, Strategy’s continued accumulation could serve as a sustained source of capital inflows into Bitcoin throughout 2026. More broadly, we may see a new wave of capital driving BTC higher as digital credit dominates inflows into Bitcoin. Want the full picture? Pro members get 200+ exclusive live charts, instant alerts, expert analysis, and weekly reports from our team. Don’t miss out. Get Full Access Join thousands of Bitcoin investors who’ve stopped guessing. The Bitcoin Magazine Pro Team. Bitcoin Magazine Pro For more detailed Bitcoin analysis and to access advanced features like live charts, personalized indicator alerts, and in-depth industry reports, check out Bitcoin Magazine Pro. Make Smarter Decisions About Bitcoin. Join millions of investors who get clarity about Bitcoin using data analytics you can’t get anywhere else. GO TO FREE CHARTS SIGN UP NOW We don’t just provide data for data’s sake, we provide the metrics and tools that really matter. So you get to supercharge your insights, not your workload. Take the next step in your Bitcoin investing journey: Follow us on X for the latest chart updates and analysis. Subscribe to our YouTube channel for regular video updates and expert insights. Follow our LinkedIn page for comprehensive Bitcoin data, analysis, and insights. Explore Bitcoin Magazine Pro to access powerful tools and analytics that can help you stay ahead of the curve. Invest wisely, stay informed, and let data drive your decisions. Thank you for reading, and here’s to your future success in the Bitcoin market! Subscribed Disclaimer: This newsletter is for informational purposes only and should not be considered financial advice. Always do your own research before making any investment decisions. We sincerely appreciate your support and hope you found this content valuable. Please leave a like and let us know your thoughts in the comments section; we always welcome feedback from our audience! Share Like & Comment Share Bitcoin Magazine Pro   Like Comment Restack   © 2026 BTC Inc. 438 Houston Street, Suite 257, Nashville, TN 37203 Unsubscribe

🏴 5 Quantum Threat Takeaways

Bitcoin's top figures are avoiding the quantum conversation even as the timelines get more aggressive.

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5 Quantum Threat Takeaways Published on Apr 6, 2026 View in Browser gm Bankless Nation, Bitcoin's top figures are avoiding the quantum conversation even as the timelines get more aggressive. Today's Issue ⬇️ ☀️ Need to Know: Aave's Chaos Departure Another Aave DAO collaborator departs. 🗣️ Analysis: BTC's Quantum Clock Five takeaways on the challenges ahead before Q-Day. 🎧 Latest Pod: Three Years to Survive Nic Carter talks BTC Quantum-Day. Sponsor: MegaETH — Crypto has new apps, finally. Enter the Rabbithole .  .  . NEED TO KNOW Aave's Chaos Departure ✌️ Chaos Labs Announces Departure from Aave Labs. Aave's primary risk manager just terminated its engagement with crypto's largest lending market. ♠️ Kalshi Notches Victory Over New Jersey Gambling Regulators. The prediction market giant can continue to offer sports-related event contracts in New Jersey while it defends such contracts in court. 📈 Polymarket Announces V2 Exchange Contracts, Private Label Stablecoin. The changes will result in lower gas fees and faster transaction speeds for Polymarket's users. 📸 Daily Market Snapshot: U.S. stocks pushed higher and crypto gains hardened as investors bet on deal talks progressing between Trump and Iran's regime. Prices as of 5pm ET 24hr 7d Crypto $2.39T ↗ 2.9% ↗ 5.0% BTC $69,870 ↗ 3.3% ↗ 4.9% ETH $2,149 ↗ 3.9% ↗ 6.2% .  .  . ANALYSIS Quantum Threat Puts Bitcoin on the Clock Bankless Author: David Christopher Our conversation on quantum with Nic Carter went live today. He's one of the few prominent Bitcoiners sounding the alarm about quantum computing's threat to crypto. Over the past few weeks, two papers dropped that moved the quantum threat timeline from "someday" to "soon," and Carter came on Bankless to lay out the damage. Together, they show the hardware threshold for breaking crypto's signature schemes fell by 20x to 50x, and the estimated attack window shrank from months to minutes. Here are the five key takeaways 👇 Bitcoin Has 3 Years to Survive | Nic Carter on Bitcoin’s Quantum Vulnerability on Bankless What if Bitcoin’s biggest strength becomes its fatal weakness? Bankless Google Paper Changes BTC's Threat Model Until recently, the prevailing assumption among researchers was that the first quantum attacks on blockchain cryptography would take weeks or months and require millions of qubits, the raw processing units inside a quantum computer. Those parameters gave everyone a comfortable buffer. The Google paper, co-authored by cryptographer Dan Boneh, Google Quantum AI's Craig Gidney, and Ethereum Foundation researcher Justin Drake, eliminated that "safety net." Previous estimates put the requirement at hundreds of thousands of physical qubits. The Google paper cut that threshold by roughly 20x and reduced the attack window to just nine minutes to crack ECDSA, the cryptographic signature scheme that authorizes every Bitcoin and Ethereum transaction. A second paper from Oratomic and Caltech went further, estimating that a different hardware approach could crack the same cryptography with as few as 10,000 physical qubits. The largest array of that hardware type in existence today already runs 6,000. 2029 Could Be Real Deadline The prevailing belief among Bitcoin holders and even some developers is that Q-Day, the day a quantum computer can crack Bitcoin's cryptography in production, will announce itself gradually – i.e. we'll see the technology progressing, we'll have time to prepare, and we'll target a date years out. Carter says the Google paper explicitly suggests the opposite: Q-Day will arrive as a threshold event. Once quantum error correction is solved at scale, progress from weak attacks to full 256-bit key-cracking will happen fast. Another really interesting detail is that the Google team didn't publish the actual quantum algorithm. They released a zero-knowledge proof of it, effectively verifying it without revealing how it works, because they didn't want to show their hand. Both papers were published in consultation with the U.S. government's cryptographic standards body (NIST) and the National Security Agency (NSA). Carter expects a formal censorship regime to follow, after which we'll simply be in the dark on quantum advances. There will only be the before and after. Google has already moved its own internal quantum transition deadline to 2029. The U.S. government wants critical systems upgraded by 2030. A Chaincode paper estimated Bitcoin's post-quantum transition would take seven years under reasonable conditions, two if rushed. Carter doesn't see the transition happening before 2030 - a year after Google's own deadline. The 9-Minute Attack Changes Everything The Google paper surfaced an attack vector that Carter had previously considered unlikely. When you send Bitcoin, your public key gets briefly exposed to the network before your transaction confirms. Under the Google paper's estimates, a quantum computer could crack your private key within that confirmation window and broadcast a competing transaction to steal your funds before yours settles. No amount of careful wallet practice, fresh addresses, etc. would protect you if the attack happens in that window. The entire network has to be 100% post-quantum before the hardware exists for these attacks, or no transaction is safe. The Fight Over Satoshi's Coins 6.9 million BTC, one-third of all supply, sits in addresses with exposed public keys. Of those, 2.3 million are Satoshi-era or presumed-lost coins with no key holders, meaning they will never migrate voluntarily. To deal with these, the Google paper laid out four options: Do nothing Burn them permanently Rate-limit how fast they can be spent Park them on a sidechain where owners could reclaim them with cryptographic proof Carter expects institutions to push for the second. He imagines 10 to 20 of the largest Bitcoin custodians (BlackRock, Coinbase, etc.) will sign a joint letter declaring they will only support a fork where dormant coins are burned. That fork becomes canonical Bitcoin. The alternative dies, while reducing supply from 21 million to roughly 19 million. Carter acknowledges this "permanently ruins the thing we said we were doing" and would represent the greatest theft in human history. But the deeper problem is that Bitcoin has no mechanism to reach this decision. The network has made two protocol changes in the last decade, SegWit in 2017 and Taproot in 2021, and each one reached consensus through a different process. Plus, Carter claims, core developers have been driven into retreat by legal threats and harassment, and actively disclaim authority over the protocol. He describes a power vacuum where the people with influence refuse to acknowledge it, and the feedback channel they point to, "what the community wants," has no actual intake mechanism. Every step of the transition, agreeing to act, picking a signature scheme, migrating 50 million addresses, resolving the Satoshi coins, runs through this broken governance layer. ETH May Be Better Positioned In the podcast, Mr. Carter, a lifelong Bitcoiner, does acknowledge the possibility that Ethereum could take the number one spot, even if he doesn't want that to happen. Yes, Ethereum's engineering workload is larger. Beyond just upgrading wallet signatures, the network needs to upgrade the consensus layer and the rollup layer. But the Ethereum Foundation (EF) already has a published roadmap, Justin Drake co-authored the Google paper, and account abstraction makes it easier to swap signature schemes without changing user addresses. Carter reached the same conclusion: Ethereum has a broader quantum attack surface than Bitcoin, but stronger, more cohesive community leadership compensates. He praised the EF and contrasted it with Bitcoin, where he says it's just him and a few other people worrying about this. So far, Bitcoin has survived every threat by refusing to change. But quantum looks like it will punish that reflex, and the chains that move first will set the terms for what crypto looks like on the other side of the quantum divide. Share this Article FRIEND & SPONSOR: MEGAETH We're past "in it for the tech" or "in it for the money." MegaETH is bringing you products worth using, powered by USDM. Enter the Rabbithole .  .  . LATEST POD Bitcoin Has 3 Years to Survive What if Bitcoin’s biggest strength becomes its fatal weakness? Nic Carter joins Bankless to unpack why the latest quantum papers changed the threat model, why a 2029 migration window could leave Bitcoin dangerously behind, what a real post-quantum transition would require, and why the fight over Satoshi’s dormant coins may become the most explosive governance battle in Bitcoin history. Tune into the full episode 👇 Watch on YouTube Manage your account Not financial or tax advice. Bankless content is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time to time, we may add links in this newsletter to products we use. We may receive a commission if you make a purchase through one of these links. Additionally, the Bankless team holds crypto assets. 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