Bitcoin supporters are pushing back against claims that fears around quantum computing are responsible for Bitcoin’s recent lackluster price performance. While some industry figures argue quantum risk is a growing concern, many analysts say the real pressure on Bitcoin’s price comes from market behavior — not futuristic technology.
Bitcoin Analysts Say Market Selling, Not Quantum Computing, Is Driving Prices
Glassnode lead analyst James Check dismissed the idea that quantum computing fears are dragging down Bitcoin’s price, comparing the argument to common but misleading market narratives. In a recent post on X, Check said blaming Bitcoin’s sideways movement on quantum computing is similar to attributing price drops to vague claims of market manipulation.
According to Check, Bitcoin’s weakness is largely due to heavy selling from long-term holders in 2025. He noted that the level of sell-side pressure from HODLers would have crushed previous bull markets multiple times over. While he acknowledged that quantum computing concerns might keep some investors cautious, he stressed that they are not the dominant factor behind Bitcoin’s performance.
Quantum computing, which relies on qubits instead of traditional bits, has long been discussed as a potential future threat to cryptographic systems, including those securing blockchains. However, most developers agree that practical quantum attacks on Bitcoin remain far from reality.
Bitcoin author Vijay Boyapati echoed this sentiment, saying he is “highly skeptical” that Bitcoin’s price action can be explained by quantum computing fears, even if some investment commentary has amplified that narrative.
Some Investors Warn Quantum Risk Is Being Underestimated
Despite skepticism from many analysts, others believe quantum computing is the key reason behind Bitcoin’s underperformance. Castle Island Ventures partner Nic Carter said Bitcoin’s “mysterious” lag relative to expectations is driven almost entirely by quantum concerns, calling it “the only story that matters this year.”
Traditional finance voices have also fueled the debate. Jefferies strategist Christopher Wood recently removed Bitcoin from his “Greed & Fear” model portfolio, citing worries that advances in quantum computing could eventually undermine Bitcoin’s long-term security.
Real Vision’s chief crypto researcher Jamie Coutts added that quantum risk doesn’t move in tandem with price but instead grows more dangerous during bull markets. As Bitcoin’s price rises, he argued, confidence increases and the urgency to implement precautionary upgrades declines — leaving the system least prepared when optimism is highest.
Despite bullish predictions throughout the year, Bitcoin finished 2025 down roughly 6.3%, falling from $93,425 to $87,508. Although some forecasts projected prices as high as $250,000, Bitcoin peaked just above $126,000 in October before losing momentum.
