|

Cryptocurrencies Price Prediction: Bitcoin, Pi Network & Cryptos – American Wrap 31 October

Bitcoin climbs back up $115,000, marks whale accumulation resumes and trade tensions easing

The latest Bitcoin recovery has reignited institutional demand amid a stabilizing macro backdrop, supported by accelerating whale accumulation and renewed trade optimism. The rebound above $115,000 marks the beginning of a potential new price discovery phase following one of the most aggressive deleveraging periods in recent crypto history.

 

Bitcoin whitepaper 17th anniversary: From cypherpunk vision to global financial asset

The Bitcoin (BTC) whitepaper, published by the pseudonymous Satoshi Nakamoto, marks its 17th anniversary on Friday. A decentralized peer-to-peer electronic cash system that has evolved into an institutional-grade asset class has reached a value of over $2 trillion and has been embraced by institutions, corporations, and sovereign entities. The largest cryptocurrency by market capitalization rose to $126,000 in its 17th year, underscoring its transformation into a mainstream financial asset.

Pi Network Price Forecast: Whale demand fails to absorb incoming supply

Pi Network (PI) price is down 2.5% at press time on Friday, extending the 3% loss from the previous day. The recovery from earlier this week failed to surpass the 50-day Exponential Moving Average (EMA) despite a rise in Centralized Exchanges (CEXs) outflows. 

Author

More from FXStreet Team
Share:

Editor's Picks

Ripple bulls defend key support amid waning retail demand and ETF inflows

XRP ticks up above $1.40 support, but waning retail demand suggests caution. XRP attracts $4 million in spot ETF inflows on Thursday, signaling renewed institutional investor interest.

Crypto Today: Bitcoin, Ethereum, XRP rebound as risk appetite improves

Bitcoin rises marginally, nearing the immediate resistance of $68,000 at the time of writing on Friday. Major altcoins, including Ethereum and Ripple, hold key support levels as bulls aim to maintain marginal intraday gains.

Bitcoin Weekly Forecast: No recovery in sight 

Bitcoin price continues to trade sideways between $65,729 and $71,746, extending its consolidation since February 7. US-spot ETFs record an outflow of $403.90 million through Thursday, pointing to the fifth consecutive week of withdrawals.

Pi Network Price Forecast: PI recovery stalls amid profit-taking

Pi Network tests 50-day EMA support on Friday, after a 5% decline the previous day. PiScan data shows large deposits on CEXs totaling over 4 million PI tokens in the last 24 hours, reflecting an exodus of investors taking profits.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: No recovery in sight

Bitcoin (BTC) price continues to trade within a range-bound zone, hovering around $67,000 at the time of writing on Friday, and falling slightly so far this week, with no signs of recovery.