Pi Network News: If Bitcoin turns bullish, can Pi Network's price rebound?

Pi has always been in the spotlight, but after experiencing a sell-off following its listing, the price of Pi Network has struggled to regain sustained upward momentum. As of January 7, the trading price of PI on Gate is approximately $0.2119, with a 24-hour trading volume of about $1.64 million, and a market capitalization of around $1.77 billion.

Meanwhile, Bitcoin remains the core engine of market liquidity. When BTC trends bullishly, funds tend to flow into high-beta altcoins—this also raises an important question for 2026: if Bitcoin strengthens, is there a chance for Pi Network’s price to rebound? At the time of writing, Bitcoin’s trading price is in the low $90,000 range.

This article will analyze, based on observable market data, the key factors that determine whether altcoins can truly follow BTC’s rise, as well as the potential trend of Pi Network’s price.

Reasons Why Pi Network Price Remains Under Pressure After the Open Network Milestone

The Pi Open Network transition is scheduled for 8:00 UTC on February 20, 2025, marking an important milestone for enabling external connections. However, significant progress does not necessarily translate into sustained buying in the spot market.

According to Gate market reference data, PI’s all-time high was $3.00 on February 26, 2025, and its all-time low was $0.049 on February 20, 2025. These figures outline the current reality: Pi Network’s price is far below its early peak but significantly above its historical lows—indicating that the market is still “pricing the story,” rather than having drawn a definitive conclusion.

A strong Bitcoin can quickly improve market sentiment, but PI’s rebound still depends on whether demand can outpace the growing downward pressure on the price.

What Does the Relationship Between Pi Network Price and Bitcoin During Persistent Weakness Reveal?

In most cycles, Bitcoin leads the rally, and altcoins follow—though not all altcoins rise in sync.

BTC’s upward movement typically boosts:

• Risk appetite (more investors willing to allocate to altcoins),
• Liquidity conditions (more funds available for rotation),
• Narrative enthusiasm (projects more easily attract market attention).

However, a “bullish BTC” is only a necessary condition, not a sufficient one. If Pi Network’s price reacts weakly during BTC’s strength, it often indicates:

1. Limited incremental demand (buying appears but does not accumulate),
2. Noticeable selling pressure during gains (holders use BTC’s strength as an exit window),
3. Limited liquidity (price swings occur but depth is insufficient to sustain high levels).

Therefore, a “rebound” cannot be defined solely by a single day’s increase. An effective rebound in Pi Network’s price usually manifests as: lows gradually rising over weeks, breaking through resistance and stabilizing, with increasing volume that does not quickly diminish after initial expansion.

Transparency of Roadmap and Supply Expectations Will Dominate Pi Network’s Price in 2026

Even in a bull market, supply expectations can limit upside—especially if the market anticipates more tokens will be unlocked in the future.

You can directly check Gate market reference data: PI’s maximum supply is 10 billion, with circulating supply around 8.38 billion (according to Gate data). The gap between circulating and maximum supply is not necessarily bearish but indicates that the market will continuously reprice PI based on potential future supply expansion versus actual demand.

Many traders also see $0.20 as a key support level. When PI falls below this level for an extended period, downside risks tend to increase; conversely, holding this level under market pressure could lay the foundation for a broader rebound.

Practical Value Rather Than Hype: What Truly Supports Pi Network’s Price When Bitcoin Rises

Bitcoin’s bull market can lift many tokens, but standout altcoins usually have at least one of the following features:

• Clear practical demand (users need tokens to perform certain operations),
• Continuous improvement in liquidity (market depth and trading volume steadily increase),
• Or strong catalysts (ecosystem expansion that translates attention into actual usage).

For PI, “practical value logic” is crucial because it determines the source of demand. If demand mainly comes from speculation, Bitcoin’s bull run may cause short-term spikes, but such rallies often quickly retreat after capital rotation.

Conversely, if utility increases, Pi Network’s price resembles a “market with fundamentals”:

• Genuine demand supports dips,
• Upward moves are more stable as selling pressure is absorbed,
• Price becomes less dependent on daily Bitcoin fluctuations.

Therefore, the most practical question is not “Can BTC drive PI higher?” but rather: in a bull environment, is there enough sustained real demand flowing into the PI market to surpass supply and profit-taking pressures?

What to Watch If You Track Pi Network Price Rebounds on Gate

If you want to objectively monitor on Gate, focus on observable market behaviors. First, observe PI’s real-time market data and spot trading performance: price, volume, market cap, supply status, and changes in order book depth during volatility.

Then, relate this to Bitcoin’s trend: if BTC continues to strengthen, does PI start to consistently raise lows and hold after breakthroughs, or does it only spike briefly and then fall back?

In a Bitcoin bull market, a reasonable rebound for Pi Network’s price should include:

• PI holding key psychological levels (around $0.20),
• Continuous volume expansion over multiple days (not just minutes),
• After BTC-driven rises, a noticeable reduction in short-term selling pressure.

Recommended reading: Pi Coin Price Analysis: January 2026 INR Exchange Rate and Future Outlook PI Network Price Reference: Pi Network (PI) Real-time Market Chart

Conclusion: When Bitcoin Strengthens, Pi Network Price May Rebound, But Not Automatically

A Bitcoin bull market can increase the likelihood of altcoin rebounds, helping Pi Network stabilize and attempt recovery. However, the magnitude and persistence of the rebound still depend on PI’s own factors: how demand evolves, how the market prices supply expectations, and whether PI’s rise can be sustained by continuous buying rather than quick profit-taking.

If BTC strengthens, the best way to judge whether PI is “truly” rebounding is not by headlines but by analyzing price structure, liquidity performance, and the ongoing participation of market players.