Cardano founder Charles Hoskinson has forecasted that Bitcoin could reach $250,000 by 2026. He attributes this potential surge to Bitcoin's limited supply and increasing institutional demand. Hoskinson emphasized the importance of long-term investing, noting that traditional finance is gradually providing more access to cryptocurrencies. He also suggested that as trade tensions ease and decentralized finance (DeFi) continues to expand, support and resistance levels for Bitcoin may shift. The presence of long-term buyers and an improved market structure could accelerate Bitcoin's rise to this ambitious target.