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HomeCrypto NewsMarketTop Analyst Predicts How High Cardano Could Go if Bitcoin Breaks $250K

Top Analyst Predicts How High Cardano Could Go if Bitcoin Breaks $250K

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Analyst Nick Valdez, aka Deezy, has projected how high the Cardano price could go should Bitcoin attain $250K, pointing to a likely 13X gains.

Cardano has demonstrated notable strength over the past week, stabilizing and gradually advancing despite widespread market turbulence. ADA trades at $0.6444 today, reflecting a 3.12% rise in 24 hours and a 0.56% increase over seven days.

Amid the recent recovery, crypto analyst Valdez analyzed Cardano’s performance against Bitcoin using the ADA/BTC pair on the weekly timeframe. He identified a long-term descending resistance trendline and noted that ADA recently lost support at a key lower trendline. According to Deezy, these trend levels are closely monitored by large holders due to historical price reactions.

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Currently, Cardano trades around 740 satoshis, significantly below its 2021 high of 6,000 satoshis. Deezy projected a bullish price target for ADA based on a scenario where Bitcoin reaches $250,000.

Cardano Price if Bitcoin Hits $250K

For context, Cardano founder Charles Hoskinson predicted the $250K Bitcoin price last week. In a live interview, Hoskinson said BTC’s price could reach $245K this year or next.

According to Valdez’s breakdown, if Bitcoin triples from its current level of approximately $84,000, and ADA/BTC regains strength with a 4.5x increase, Cardano’s price in USD could surge significantly.

Deezy calculated the potential outcome using ADA’s value of $0.62. Multiplying this by the expected 4.5x ADA/BTC gain and the 3x Bitcoin price increase results in a projected ADA price of $8.39.

He emphasized that this projection is based on historical trend lines and realistic market behavior, avoiding speculative extremes. With the growing relevance of Bitcoin DeFi and the UTXO model—key areas where Cardano is well-positioned—Deezy reaffirmed his bullish stance.

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He advised ADA holders to remain patient and not sell prematurely, as further upside may unfold in the next market cycle.

$20 Target to Long-Term Forecasts

In a separate development, a delegated representative (DRep) in Cardano’s governance system, Altcoin Oracle, added another dimension to ADA’s potential. On April 17, he suggested a long-term price target of $20, following a key collaboration between Cardano’s ecosystem and BitcoinOS. 

The project, led by Cardano founder Charles Hoskinson, aims to integrate Bitcoin-based DeFi features into the Cardano network. The initiative, born from a partnership between EMURGO and BitcoinOS, focuses on unlocking smart contract capabilities for Bitcoin developers while tapping into over $1.6 trillion in BTC liquidity. 

Altcoin Oracle consulted ChatGPT to model Cardano’s future market cap, assuming the successful integration of Bitcoin DeFi. The tool projected a market cap between $500 billion and $1 trillion.

With a 50 billion ADA token supply, prices would be between $10 and $20. Meanwhile, based on ADA’s circulating supply of 35.28 billion, the projection suggests a range between $14 and $28.

Growth Tied to Network Utility and Developer Activity

Cardano’s DeFi positioning in relation to Bitcoin could also alter its place in the broader blockchain landscape. 

The ChatGPT-based projection stated that, under such conditions, Cardano may rival Ethereum in decentralized applications and total value locked (TVL). The analysis ties these projections to anticipated institutional interest and liquidity influx, especially if Cardano becomes a central infrastructure layer for Bitcoin DeFi.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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