I have a postgres database that uses sequences extensively to generate primary keys of tables. After a lot of usage of this database i.e. Adding/Update/Delete operation the
Postgres allows you to update PKs, although a lot of people think it's bad practice. So you could lock the table, and UPDATE. (You can make an oldkey, newkey table all sorts of ways, e.g., window function.) All the FK relationships have to be marked to cascade. Then you can reset the currval of the id sequence.
Personally, I would just use a BIGSERIAL. If you have so many updates and deletes that you may run out even so, maybe there is some composite PK based on (say) a timestamp and id that would help you.