FeesSafety
Pluang+

Investor Jason Calacanis predicts Bitcoin will drop 28% to $57K and never hit its all-time high again.

Market News
27 Oct 2026, 19:05 WIB
Bitcoin
View Source
Bearish
Investor Jason Calacanis predicts Bitcoin will drop 28% to $57K and never hit its all-time high again.

Technology investor Jason Calacanis forecasts Bitcoin will decline about 28% to $57,000 within the next year, citing reduced institutional interest and competition from artificial intelligence (AI) investments. He argues Bitcoin's value as a store of value is overshadowed by AI's growth potential and urges investors to sell Bitcoin and shift to AI-related assets. Despite past Bitcoin skepticism, Calacanis acknowledges the network's resilience but now believes Bitcoin's peak price is permanently out of reach. His views sparked debate among Bitcoin supporters who emphasize Bitcoin's role in preserving digital capital alongside AI's innovation.

Bitcoin's market cap stands at Rp29.290,66 trillion as of Oct 27, 2026, 23:22 WIB, with a 24-hour trading volume of Rp401,4 trillion on Pluang. The platform shows a strong selling sentiment with 73% of orders to sell and a typical holding period of 112 days. Despite the debate over Bitcoin's future, its price on Pluang remains stable at Rp1.457.849.790, up 0.61% in the last day.

More News (BTC)

Bitcoin rises 26% since SpaceX IPO as Anthropic's $1.9T IPO looms, testing crypto's resilience amid market shifts.

Bitcoin rises 26% since SpaceX IPO as Anthropic's $1.9T IPO looms, testing crypto's resilience amid market shifts.

Since the SpaceX IPO in June, Bitcoin has gained 26% despite recent declines and challenging macroeconomic conditions. The upcoming Anthropic IPO, valued at nearly $1.9 trillion, could divert investment from Bitcoin, but other factors like ETF flows ...

Market News
Neutral
5 hours ago
Experts debunk McRib-Bitcoin price link; Fed rate decision seen as key Bitcoin driver.

Experts debunk McRib-Bitcoin price link; Fed rate decision seen as key Bitcoin driver.

Some crypto traders believe the return of McDonald's McRib sandwich signals a rise in Bitcoin prices, but experts say there is no real correlation. Historical data shows only 3 out of 10 McRib returns coincided with Bitcoin gains, often preceding pri...

Market News
Neutral
5 hours ago
Bitso launches Morpho-powered vaults, sparking 8.6% rally in MORPHO amid crypto market dip

Bitso launches Morpho-powered vaults, sparking 8.6% rally in MORPHO amid crypto market dip

Bitso introduced Bóvedas, enabling users to earn yield on USDC and MXNB via Morpho-curated vaults, opening Morpho's lending markets to millions. This collaboration triggered an 8.6% rally in Morpho's price despite Bitcoin and Ethereum falling about 0...

Market News
Bullish
7 hours ago
Hyperliquid nears XRP Ledger with $34M stablecoin inflows amid Ripple's new US bank approval.

Hyperliquid nears XRP Ledger with $34M stablecoin inflows amid Ripple's new US bank approval.

Hyperliquid has nearly matched XRP Ledger's stablecoin inflows, attracting $34.1 million compared to XRP's $34.4 million in 24 hours, signaling fierce competition in tokenized real-world assets. Ripple secured final approval for its national trust ba...

Neutral
7 hours ago
XRP rises nearly 2%, tests $1.30 resistance as Bitcoin slips below $80K amid weak crypto market

XRP rises nearly 2%, tests $1.30 resistance as Bitcoin slips below $80K amid weak crypto market

XRP gained nearly 2% on October 27, reaching a resistance level around $1.30 despite a generally weak cryptocurrency market. Meanwhile, Bitcoin's price fell below the $80,000 mark, reflecting broader market weakness. XRP's relative strength could sig...

Market News
Neutral
7 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App