Calacanis Predicts ‘Brutal Year’ for Bitcoin, Urges Shift to AI

Calacanis is a venture voice rather than a crypto-native analyst, so the weight of this call rests on his profile as an early Uber backer extending into digital-asset commentary, not on any disclosed position or data. The framing matters because it ties bitcoin weakness to ETF flows, making fund redemptions the visible barometer retail and institutional readers now watch. Whether ETF outflows actually accelerate, and whether the referenced low gets tested at all, is the open question — the prediction carries no date, which leaves its timing untestable.