Investor Jason Calacanis calls for selling Bitcoin to pivot to AI, predicting the price will drop to $57,000.

According to CoinDesk, tech investor and podcast host Jason Calacanis called on investors on Tuesday to sell Bitcoin and pivot to artificial intelligence on the X platform. He predicts that Bitcoin will retest its $57,000 low within the next 12 months and will not set a new all-time high. This level is approximately 28% lower than Tuesday's quote of around $79,600. He argues that Bitcoin has "lost the crowd" and lacks utility beyond serving as a store of value. Furthermore, citing ETF outflows as evidence, he asserts that this trend will continue.