All-In Host Turns Bearish on Bitcoin, Goes Long on TAO

Jason Calacanis, the All-In podcast host who backed Uber and Robinhood early, told followers to sell Bitcoin. He argues the asset will never reclaim its all-time high and could slide back to $57,000 within the next year.

Calacanis says Bitcoin’s role is now limited to a simple store of value, while meaningful growth has moved to artificial-intelligence projects.

He has already taken a long-term position in Bittensor (TAO), betting that the network offers the best way to scale AI.

Based on information from cryptonews.net