Bitcoin Crashes To $88,000 But Cardano’s Charles Hoskinson Says The Path To $250,000 Is ‘Locked In’
Bitcoin (CRYPTO: BTC) has plummeted below $88,00, but Cardano’s (CRYPTO: ADA) Charles Hoskinson says everything points to $250,000 by late 2026.
Hoskinson Calls BTC’s Next Two Quarters ‘Downside Clearing’
Speaking during a Squawk Box Europe segment on Tuesday, Hoskinson said the market is still digesting macro pressures, including tariff-driven uncertainty and uneven economic momentum.
He noted that “the next two quarters” will likely clear the remaining downside before Bitcoin resumes its long-term trajectory toward $250,000.
Hoskinson pointed to the post-halving timing structure.
He said previous Bitcoin patterns typically show major upside 400 to 600 days after a halving event, placing 2026 inside the historically strong window.
He also highlighted institutional participation, mentioning that BlackRock Inc. (NYSE:BLK), Goldman Sachs Group Inc. (NYSE:GS), Morgan Stanley (NYSE:MS) and a more crypto-friendly U.S. administration are supporting broader adoption.