Cryptocurrencies Price Prediction: Pi Network, Bitcoin & Ethereum – Asian Wrap 12 June

Pi Network Price Forecast: Bulls attempt comeback as bearish strength fades

Pi Network (PI) is trading at around $0.120 on Friday after a modest recovery the previous day. Despite this recent rebound, traders should be cautious as a scheduled unlock of 14.8 million PI tokens on Friday could limit the token's recovery potential by increasing market supply. Meanwhile, the technical outlook is showing early signs of fading bearish momentum, suggesting a short-term bounce.

Nakamoto cuts debt with $48M Bitcoin sale as treasury firms prioritize balance sheet strength

Bitcoin is trading at $63,580, up 2.5% over the past 24 hours at the time of writing. Bitcoin treasury company Nakamoto sold approximately 600 BTC and related derivatives, according to a statement on Thursday. The company used the proceeds to reduce debt, lower financing costs and extend the maturity of a major loan facility. Average daily trading volume across Bitcoin treasury companies has fallen 49% since December 2025, declining from $34.2 billion to $17.4 billion.

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC tests key resistance, ETH stabilizes, XRP shows signs of bearish exhaustion

Ethereum price trades at $1,668 on Friday, maintaining a clear bearish bias as it remains locked well below the 50-day, 100-day, and 200-day EMAs, which all sit overhead as dynamic resistance. The RSI on the daily chart is just above the oversold band near 30, suggesting that selling pressure remains dominant but is somewhat stretched. At the same time, the MACD remains negative and below its signal line, hinting that downside momentum is cooling but not yet reversing.