BTC analysis: Investor who called for AI pivot in 2023 says bitcoin is going to $57,000
Summary
Investor Jason Calacanis urged bitcoin holders to sell and shift funds into AI, predicting bitcoin could revisit $57,000 within 12 months and never set another record. He cited weakening investor enthusiasm and bitcoin ETF outflows, which totaled about $774 million over two days before $110 million flowed back in Monday. Calacanis said AI offers more useful opportunities, while disclosing that he holds TAO, Bittensor’s token, which rewards participants for providing AI and other services.
