Game-changing prediction for Bitcoin: It will never reach that level again

Silicon Valley investor Jason Calacanis predicted Bitcoin could fall to $57,000 over the next 12 months and argued that its historic peak will not be reached again. The forecast adds to an ongoing debate over the cryptocurrency's future after a prolonged downturn. Some analysts counter that the crypto market's decline is nearing an end, with a strong recovery possible in 2027. Calacanis's call matters because it challenges the prevailing recovery narrative from a prominent venture investor. Investors will watch whether Bitcoin holds above the $57,000 level and whether 2027 brings the rebound some analysts expect.