Charles Hoskinson, the founder of Cardano (ADA), has made an ambitious prediction for Bitcoin (BTC), forecasting that the pioneer cryptocurrency will reach an all-time high (ATH) of $250,000 within the next year. Despite Bitcoin’s recent dip from $83,000 to $75,000, Hoskinson remains confident that Bitcoin’s price will rebound significantly, likening the market to a spring that is compressed but will eventually bounce back stronger.
You can compress a spring, but remember it bounces back. The markets seem hopeless and broken, but the bull market will be spectacular. I still remain confident in 250k Bitcoin within a year alongside a rising tide for everyone else. It's just going to be a bumpy ride pic.twitter.com/tFWVNRuW0p
— Charles Hoskinson (@IOHK_Charles) April 7, 2025
In a recent tweet, Hoskinson acknowledged the challenging market conditions, describing the crypto and stock markets as “hopeless and broken.” However, he expressed optimism, expecting a spectacular bull market that will drive Bitcoin to new heights. “You can compress a spring, but remember it bounces back,” Hoskinson remarked, emphasizing his belief in a rapid recovery and a rising tide that will lift all cryptocurrencies.
The Cardano founder’s prediction is supported by other notable figures in the crypto space. Analyst Miles Deutscher echoed Hoskinson’s sentiments, stating that he too expects Bitcoin to reach a new ATH between Q3 2025 and Q1 2026. Deutscher believes that while the current market may feel painful, the bigger picture remains bright, with the eventual rally surpassing previous expectations.
Why the Optimism?
Deutscher’s analysis points to several factors behind the expected market recovery. He suggests that recent short-term pain, partly caused by political factors such as Trump’s tariffs, will eventually give way to a more favorable economic environment. As recession fears rise, the Federal Reserve (FED) will likely be forced to cut rates, paving the way for quantitative easing (QE) by 2026. This, according to Deutscher, will create the perfect conditions for a cryptocurrency market rally.
I have high conviction that $BTC will make a new ATH sometime between Q3 this year and Q1 2026.
— Miles Deutscher (@milesdeutscher) April 5, 2025
Yes, it's painful now – but I think people are missing the bigger picture, and the eventual rally will be bigger than ever.
My rationale:
• Trump's plan is to cause short-term pain…
With this backdrop, Deutscher believes that altcoins will follow Bitcoin’s trajectory, recovering and peaking during an “altseason” once Bitcoin reaches its ATH. He advises crypto holders to focus on the long term, using dollar-cost averaging (DCA) to build positions in Bitcoin and select altcoins with strong fundamentals.
Also Read: Cardano Nears First Death Cross of 2025: Will ADA Crash or Rebound? Analyst
Patience Is Key
Both Hoskinson and Deutscher stress the importance of patience in navigating the current volatile market. While short-term pain may persist, their outlook suggests that holding steady will lead to substantial gains as Bitcoin and the broader crypto market eventually recover.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.
