Bitcoin (CRYPTO: BTC) is currently trading at $90,000, approximately 30% below its all-time high of $126,000. Charles Hoskinson, the founder of Cardano (CRYPTO: ADA), predicts that Bitcoin could soar to $250,000 this year, suggesting a remarkable 177% increase in just 11 months. He attributes this potential rise to the principles of supply and demand. The future of Bitcoin’s price remains uncertain, but Hoskinson’s forecast has garnered attention.
