Cardano founder Charles Hoskinson forecasts Bitcoin's price will soar to $250,000 by mid-2026. He attributes this potential surge to factors such as clear regulatory frameworks, increased institutional participation, and adoption by major tech companies. Hoskinson also considers the recent market sell-off a healthy correction, expecting it to pave the way for up to one billion new users entering the crypto market, driven by regulatory measures like the Transparency Act and growing institutional interest.