Jason Calacanis Predicts Bitcoin Will Never Reclaim Its Price Peak—Here’s Why

Technology investor Jason Calacanis has delivered one of his harshest bitcoin forecasts yet, urging investors to abandon the cryptocurrency before a potential 28% decline to $57,000 and declaring that its record-setting days are permanently over as artificial intelligence attracts capital. On Tuesday, Calacanis, an early technology investor and co-host of the All-In podcast, published a blistering assessment of bitcoin’s prospects on X, arguing that the cryptocurrency’s investment appeal is deteriorating as artificial intelligence (AI) presents more compelling opportunities.

Source: Bitcoin.com News