Renowned analyst Willy Woo has highlighted a significant shift in Bitcoin's valuation trend relative to gold, attributing the change to market concerns over quantum computing risks. Woo notes that Bitcoin's valuation should have been higher, but investors are preemptively pricing in potential threats from quantum computing, which could compromise approximately 4 million "lost" BTC. These coins, with lost private keys, may re-enter circulation if quantum computers become capable of breaking current cryptographic protections. Woo estimates a 75% probability that these lost bitcoins will not be frozen through a protocol hard fork, leading to potential market pressure from these coins. This situation poses a significant challenge, as the 4 million lost BTC represent a supply equivalent to eight years of corporate accumulation, which currently stands at 2.8 million BTC since 2020. The looming threat of "Q-Day," when quantum computing could impact Bitcoin, is expected within 5 to 15 years, maintaining uncertainty in BTC's price outlook.