Analysts warn that Bitcoin's next uptrend could face headwinds from quantum computing developments and changing inflation dynamics.

Singapore-based web company Matrixport says there are still several risks that could disrupt Bitcoin (Bitcoin) Bull market in 2025.

In a Research note On December 27, the company cited Google's "Willow" quantum chip, which contains 105 qubits, as reigniting discussions about potential threats to Bitcoin's security. While the technology is still in its early stages, Matrixport noted that "theoretical risks are worth considering."

Inflation expectations are also rising, partly due to potential tariffs under a Trump presidency. The report says these tariffs had "minimal impact" during his first term, but warns that the Fed's fiscal policy response could influence monetary policy next year.

“(…) The FOMC could adopt a more hawkish stance if a Trump presidency appears increasingly likely or is confirmed — both of which have now come true. This scenario presents new uncertainties for Bitcoin and the broader cryptocurrency market, as the Fed’s response The Fed's potential fiscal policies under Trump could shape the course of monetary policy.

Matrixport

Matrixport highlighted that regulatory pressure often represents a turning point for Bitcoin. Securities and Exchange Commission consent The emergence of spot Bitcoin exchange-traded funds has eased concerns, but macroeconomic factors are now at the center of attention.

“Inflation should not be a major issue next year,” the report said, adding that this may allow the Fed to maintain a dovish stance. The future of Bitcoin, according to Matrixport, now depends on how it deals with these emerging challenges.