Investor Who Called the AI Boom Predicts a Bitcoin Crash

What happened

Jason Calacanis predicted Tuesday that Bitcoin would fall to $57,000 within 12 months, about 29% below its $79,774 price at the time. He also said Bitcoin would never reach another all-time high.

Confirmed

Global impact / market context

If investors follow his advice to sell Bitcoin and move into AI stocks, money could leave crypto and flow toward AI companies. That shift could lower Bitcoin's price and raise demand for AI shares.

Analyst inference

Bitcoin has already fallen roughly 37% from its high, so his call adds to existing caution. His earlier switch from crypto to AI looked well timed, which gives the warning more attention among investors.

Analyst inference

What to watch

1. Watch whether Bitcoin approaches his $57,000 target within 12 months, which would mean a nearly 29% drop from the $79,774 price cited in the article. Confirmed
2. Watch whether investors act on his advice to sell Bitcoin and shift money into AI stocks, since that move could pressure Bitcoin's price. Proposed
3. Watch Bitcoin's decline from its high, already roughly 37%, as a sign of fading investor interest that supports his view of a brutal year. Analyst inference

Affected assets

• BTC — Bitcoin

Evidence

• beincrypto.com