Bitcoin Could Drop Below $50K by 2028 Without Quantum Resistance, Warns Capriole Founder Charles Edwards

COINOTAG News, citing Cointelegraph, reports that Charles Edwards, founder of the Capriole bitcoin and digital-asset quant fund, warns that Bitcoin could face meaningful downside if it remains without quantum-resistance by 2028. Although the sector has long acknowledged quantum threats, Edwards describes a scenario where exposed private keys could undermine user security and trigger a broader risk-off shift among investors. He notes that the timeline could compress if industry defenses lag, potentially weighing on prices.

From a risk-management perspective, the note underscores the need for post-quantum cryptography readiness across wallets and exchanges. Investors should monitor standards bodies and implementation progress, as credible advances could stabilize sentiment and provide a clearer price pathway for Bitcoin in the medium term.