Jason Calacanis urged Bitcoin holders to sell their investment in favor of artificial intelligence in a post on X dated October 27, 2026. The investor said Bitcoin could fall back to $57,000 within twelve months if outflows from exchange-traded funds continue. He described the network as “dead” and went further by predicting that Bitcoin will never reach its all-time high again. He nevertheless retains a position in TAO, Bittensor’s native token, which he presents as an investment in artificial intelligence infrastructure. Exchange-traded fund flows remain mixed, however, with both inflows and outflows reported, including a reported $110 million inflow.
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