BTC Analysis: Investor Who Called for AI Pivot in 2023 Says Bitcoin Is Going to $57,000
Jason Calacanis said bitcoin has lost its appeal and cited $774 million in ETF outflows as a sign more selling could follow.
5 Articles
5 Articles
Jason Calacanis Predicts a ‘Brutal Year’ for Bitcoin, Urges Holders to Shift to AI
Jason Calacanis, the early Uber investor and All-In podcast co-host, urged his followers to sell their bitcoin and put the money into artificial intelligence instead, posting on X early Tuesday that “a brutal year for Bitcoin is just getting started.” Calacanis made three predictions in the post. He said outflows from bitcoin exchange-traded funds “will continue,” that the price will “test the 57k low again in the next 12 months,” and that “Bitc…
Bitcoin Price: AI-Pivot Investor Says Sell, Sees $57,000
Jason Calacanis told his followers to sell bitcoin on Tuesday morning, forecasting a fall to $57,000 within a year and no new all-time high ever again. The bitcoin price was $79,750 when he posted, down 0.32% on the session, so the call implies a drop of about 28%. “If you’re in crypto pivot to AI,” he posted in 2023, telling founders to stop shipping crypto projects and start building AI companies. He is now making the same argument to holders …
Jason Calacanis advised Bitcoin (BTC) holders to sell and predicted a test of $57,000 within 12 months; $774 million in ETF outflows occurred in two days.
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
