NewsSignals AI analysis·Crypto Briefing·Oct 27, 2026

Jason Calacanis tells investors to sell Bitcoin, predicts a slide to $57,000

Grade Bbearish AI signal$BTC$TAO

Jason Calacanis urged investors to sell Bitcoin and rotate into AI, predicting BTC could revisit $57,000 within 12 months and claiming it will never reach another all-time high. His bearish thesis cites Bitcoin ETF outflows, although the article notes flows have been mixed and reports a $110 million inflow into spot Bitcoin ETFs; Calacanis says he remains invested in Bittensor's TAO token. If ETF outflows persist and capital shifts toward AI-linked assets, Bitcoin could face further downside pressure, but the mixed flow data challenges his bearish case.

Bullish strength: 30/100

Reported $110 million inflow into spot Bitcoin ETFs challenges the claim of sustained outflows.
The $57,000 target represents a retest of a level Bitcoin already reached in 2026, not an unprecedented collapse.

Bearish strength: 70/100

Calacanis predicts Bitcoin could fall to $57,000 within 12 months.
He argues Bitcoin will never reach another all-time high.
He identifies AI as a more attractive capital allocation opportunity than Bitcoin.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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