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Investor Jason Calacanis predicts Bitcoin will drop to $57,000 and urges shift to AI investments.

Analyst Insights
27 Oct 2026, 14:02 WIB
Crypto Briefing
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Bearish
Investor Jason Calacanis predicts Bitcoin will drop to $57,000 and urges shift to AI investments.

Angel investor Jason Calacanis advised Bitcoin holders to sell their holdings, predicting the price could fall back to $57,000 within the next year and stating Bitcoin may never reach its all-time high again. He called Bitcoin a "dead network" due to declining ETF inflows and sees greater value in investing in artificial intelligence, particularly in tokens like Bittensor's TAO, which supports AI infrastructure. Calacanis's view reflects a shift from crypto as a store of value to AI as a growth sector, though Bitcoin ETF flows have shown mixed trends. Investors should watch Bitcoin's price and ETF flows as well as AI-linked tokens for future signals.

Bitcoin's market cap stands at Rp29.031,18 trillion with a 24-hour volume of Rp463,92 trillion, showing a slight 0.20% decline in price to Rp1.446.532.184 as of Oct 27, 2026, 18:21 WIB on Pluang. Meanwhile, Bittensor's TAO token, highlighted by Calacanis for AI infrastructure, has a market cap of Rp52,2 trillion and a 24-hour volume of Rp2,15 trillion, with strong buy interest at 95% of order activity. Typical hold times differ, with Bitcoin held for 112 days and TAO for 44 days, reflecting different investor behaviors on the platform.

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