[Jason Calacanis Urges Selling Bitcoin, Predicts Drop to $57,000 Within a Year] According to Jinse Finance, on October 27th, tech investor and podcast host Jason Calacanis urged investors on the X platform to sell Bitcoin and shift their focus to artificial intelligence, predicting that BTC will retest $57,000 within the next 12 months and will not reach a new all-time high. According to CoinDesk data, BTC traded at approximately $79,600 that day, making this target price about 28% lower. He stated that Bitcoin has "lost its crowd" and cited ETF outflows as a sign of weakening demand: According to Farside Investors, Bitcoin ETFs saw a combined outflow of approximately $774 million last Thursday and Friday, with a net inflow of $110 million on Monday. He wrote, "Why invest resources in a dead network that offers nothing but a store of value?" He also disclosed holding a long position in Bittensor network token TAO, stating that the network incentivizes participants to provide computing power, storage, and AI services through token rewards.