Jason Calacanis Predicts $57,000 Bitcoin, Favors AI Investments
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Jason Calacanis is urging investors to move from bitcoin to artificial intelligence while holding TAO, the token linked to Bittensor.
Investor Jason Calacanis expects bitcoin to reach $57,000, according to CoinDesk. He is calling on investors to sell the cryptocurrency and put their money into artificial intelligence.
The position echoes his 2023 call for a shift toward AI. The report does not specify a timeframe for his bitcoin price forecast or provide the reasoning behind that target.
Calacanis also holds TAO, the cryptocurrency associated with the AI network Bittensor. His preference for artificial intelligence therefore includes exposure to a crypto project focused on the sector.
Source: CoinDesk