Key Takeaways
- Charles Hoskinson’s Bitcoin price prediction hints at $250,000 despite market uncertainty.
- The crypto market could see much adoption from institutions as a result of Bitcoin and stablecoin, according to Hoskinson.
- The price of BTC breaking out above $95,000 could ignite renewed optimism about the cryptocurrency’s rally towards a new all-time high.
Cardano Founder Charles Hoskinson has made a bold Bitcoin price prediction. He expects the price to hit $250,000 by the end of 2025 or 2026 following the widespread adoption of digital assets in the past few months and a surge in stablecoin.
In a podcast he was featured in, he highlighted the better regulatory policy from the U.S. government, favouring the growth of the digital asset industry and the huge interest of the U.S. Federal Reserve in adopting Bitcoin.
Charles Hoskinson further highlights optimism that Bitcoin brings stability to the crypto market as institutional interest continues to grow, which will also affect other aspects of the crypto market, such as DeFi, AI, real-world asset tokenization, and DePIN.
Despite the cryptocurrency market facing a significant market crash, the demand for stablecoins by institutions continues to rise. Charles Hoskinson has insisted that such demand is what the industry needs, as this will help the crypto space attain its height.
How has the price of Bitcoin been performing in the last few months? The price and market continue to struggle, as U.S. tariff wars have negatively affected digital assets, raising suspicion that the crypto bull market is over.
Is Charles Hoskinson’s Bitcoin Price Prediction Realistic?
DefiTokyo shared a similar sentiment with Hoskinson regarding the price of Bitcoin following a prolonged price decline in the past few weeks, as the price of Bitcoin crashed from its high of $109,000 to a region of $74,500, and then the price bounced off this region swiftly to trade around $77,000.
The news of the U.S. tariff pause saw some liquidity return to the market as the price of Bitcoin rallied from $76,500 to a high of $83,000 within a few hours, hitting over 5% as altcoin also enjoyed a measure of market rebound, recording over 10% rally.
According to DefiTokyo BTC price prediction using technical analysis of Bitcoin price action, the price of BTC looks to be approaching a bottom of around $77,000, and it could bounce from this region towards a high of $95,000.
If the price of BTC breaks above this resistance of $95,000, it has a strong tendency to resume its bullish rally to the upside. This region has, on several occasions, acted as a sell zone for price, preventing its rally to the upside.
