Jason Calacanis Warns Bitcoin May Never Hit a New All-Time High, Favors Bittensor TAO
Jason Calacanis, host of the All-In Podcast and an early investor in Uber and Robinhood, has issued a bearish outlook for Bitcoin, arguing that BTC may never reach another all-time high. He also suggested the cryptocurrency could revisit its 2026 low of $57,000 within the next 12 months, while identifying artificial intelligence as a more attractive area for investors.
Calacanis's comments highlight his view that Bitcoin faces a difficult period ahead as investment opportunities in artificial intelligence continue to attract attention. Despite his criticism of BTC, he said he remains invested in the crypto market through a long position in Bittensor (TAO), a project associated with decentralized artificial intelligence.
Calacanis Predicts Further Bitcoin Weakness
Calacanis expressed a strongly negative view of Bitcoin's long-term price prospects, suggesting BTC would not set another all-time high. He also pointed to the possibility of a decline toward $57,000, the low recorded in 2026, over the following 12 months.
The investor characterized the period ahead as potentially challenging for Bitcoin and encouraged investors to consider opportunities outside the asset. His remarks represent his personal market outlook rather than a confirmed prediction of future price movements.
Why Calacanis Prefers Artificial Intelligence
Calacanis's criticism centers partly on Bitcoin's utility. He views the cryptocurrency primarily as a store of value and argues that its role is less economically productive than technologies with broader practical applications.
In his assessment, artificial intelligence is becoming a more important source of technological development and potential growth. He therefore favors directing investment toward AI technologies and projects rather than Bitcoin.
The comments reflect an investment preference for a sector Calacanis believes offers stronger opportunities, although the source material does not provide a specific list of AI companies or investments he recommends.
Bittensor TAO Remains Part of His Crypto Strategy
Despite his negative stance on Bitcoin, Calacanis said he has not abandoned cryptocurrency altogether. He disclosed that he holds a long position in Bittensor (TAO), indicating a bullish position on the token.
Bittensor is highlighted in his comments for its connection to artificial intelligence. The position illustrates the distinction between his view of Bitcoin as a store-of-value asset and his interest in crypto projects linked to AI development.
Calacanis's Bitcoin outlook and his TAO position remain his own investment views. Neither the possibility of Bitcoin revisiting $57,000 nor the prospect of a new all-time high being ruled out is established by the comments as a certainty.
source: en.bitcoinsistemi
Writer: Ethan Collins
Crypto Journalist
Ethan Collins reports on developments across the cryptocurrency and blockchain sector. His work covers market movements, protocol updates, regulatory changes, and emerging trends in digital assets.
He focuses on presenting complex topics in a clear and accessible manner for a broad readership.
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