Cardano Founder Charles Hoskinson Announced the Bitcoin (BTC) Price Prediction! He Also Gave a Date!

Bitcoin and altcoins experienced a recovery following US President Donald Trump's announcement to suspend tariffs imposed on most countries.

Despite this recovery, while investors continue to remain cautious against the risk of a possible decline, one of the most debated topics has been whether the Bitcoin price will rise or not.

At this point, Cardano (ADA) founder Charles Hoskinson shared his prediction regarding the Bitcoin price, forecasting that it could reach 250 thousand dollars by the end of this year or next year.

Speaking to CNBC, Charles Hoskinson stated that the increasing adoption of Bitcoin, growing geopolitical instability, impending stablecoin regulations, and the potential for technology giants like Apple and Microsoft to enter the crypto space are all factors that will support it.

Hoskinson stated that the long-awaited US cryptocurrency regulation could attract large companies to the crypto sector, and that market stability would return when "tariffs" become insignificant, paving the way for another bull run.

Hoskinson stated that the current market decline triggered by tariff tensions in the US will stabilize, especially with the FED lowering interest rates.

"The cryptocurrency market is likely to experience a stagnation period over the next three to five months.

However, after a while, they will achieve stability and get used to the new normal. Later, the FED will lower interest rates and then you will have a large amount of fast, cheap money, and this money will flow into cryptocurrencies.

A significant wave of speculative interest is likely to come to the markets in August or September, and this is likely to continue for another six to 12 months.

That's when Bitcoin could reach 250 thousand dollars.