Pi Network Breaks Away from Bitcoin, Plunging to All-Time Low: What’s Next for the Struggling Altcoin?
Pi Network (PI), once a darling of the crypto community, is now facing a brutal reality check. As it decouples from Bitcoin’s influence, its price has nosedived to near-historic lows, down 26.4% in just two weeks. With a negative correlation to BTC (-0.27) and a "squeeze release" signaling more volatility, analysts warn of further drops unless it can hold the $0.450 support. Will Pi Coin stage a comeback, or is this the beginning of a deeper collapse? Dive into the data, charts, and expert insights below. --- ### Why Is Pi Network’s Price Crashing? Pi Coin’s recent freefall isn’t just bad luck—it’s a perfect storm of technical and market forces. The altcoin, which once rode Bitcoin’s coattails, now moves inversely to BTC, with a correlation coefficient of -0.27. This means while bitcoin rallies, Pi sinks. Over the past 14 days, the token has shed 26.4% of its value, teetering just above its critical support at $0.450. Key factors behind the plunge: 1. Decoupling from Bitcoin : Unlike most altcoins, Pi’s negative BTC correlation leaves it isolated from broader crypto rallies. 2. Squeeze Momentum Indicator : The "squeeze release" (seen in TradingView charts) suggests explosive volatility—but red bars point to continued downward momentum. 3. Macro Sentiment : Investors are fleeing high-risk altcoins amid market uncertainty, and Pi’s lack of utility exacerbates the sell-off. 4. Liquidity Crunch : Thin order books amplify price swings, with $0.450 acting as a make-or-break level. 5. Historical Precedent : In March 2025, a similar squeeze release preceded a 40% drop.
Pi Network Price Analysis
Why is Pi Coin dropping so fast?
The combination of negative Bitcoin correlation, low liquidity, and bearish technical indicators (like the squeeze release) has accelerated the sell-off.
Can Pi Network recover?
Yes, but only if it holds $0.450 and Bitcoin’s dominance weakens. A break above $0.493 WOULD invalidate the bearish thesis.
Is Pi Coin a scam?
No evidence suggests it’s a scam, but its lack of utility and centralized mining model raise red flags for investors.
Where can I trade Pi Coin?
Pi is available on select exchanges, including BTCC. Always verify liquidity before trading.
What’s Pi Network’s all-time high?
PI peaked at $1.14 in November 2024 but has since collapsed 59% due to market skepticism.