While Bitcoin’s fluctuation of $90,000 continues, it is estimated that this decline is temporary and the rise will continue.
The final prediction at this point came from Cardano (ADA) founder Charles Hoskinson.
Appearing on CNBC’s Squawk Box program, Charles Hoskinson predicted $250,000 for Bitcoin (BTC).
While this prediction comes amidst ongoing uncertainty for Bitcoin, Hoskinson said Bitcoin will regain its lost bullish ground and eventually reach unprecedented prices.
Hoskinson believes that the cryptocurrency market will overcome the recent negativity and experience a strong recovery.
At this point, he noted, Bitcoin will recoup most of the current 26.6% pullback in the next two quarters and reach $250,000 in about 12 months, namely towards the end of 2026.
This prediction from Hoskinson indicates growth of approximately 170% from the current market price, pushing Bitcoin’s value to $4.98 trillion.
This is not the first time Hoskinson has predicted a $250,000 price for Bitcoin.
Hoskinson, who has consistently stuck to Bitcoin’s $250,000 price target, said last month that the timeline for Bitcoin to reach that price target was mid-2026.
Now, he’s just pushing the timeline forward a bit, stating that Bitcoin will reach $250,000 by the end of 2026.
*This is not investment advice.