Bitcoin rebounds from $61K as traders watch $68K while markets assess Strategy’s reported 3,588 BTC sale and support.
Bitcoin rebounded after briefly testing the $61,000 level, keeping traders focused on its recovery structure.
The move showed buyers still defending nearby support after recent market pressure.
BTC then moved into consolidation as traders watched whether momentum could extend toward $68,000. That level is now being discussed as the next major upside area.
The rebound followed market debate around a reported Strategy Bitcoin sale linked to an SEC 8-K filing.
Traders questioned whether the sale had already been priced into the market.
According to the circulating figures, Strategy sold 3,588 BTC at an average price near $60,000. The reported sale came below the stated cost basis of about $75,500 per coin.
Bitcoin Holds After $61K Support Test
Bitcoin’s brief move toward $61,000 did not lead to a deeper sell-off. Buyers stepped in near that area and helped the price recover. As a result, short-term traders are watching whether support remains firm.
#Bitcoin looks great here.
It had a short test of the $61,000 level earlier and easily continued to bounce upwards and consolidates now.
I would expect that, after the news that Saylor has sold (and by the way, he sold last week in an upwards trending markets, so how much of an… pic.twitter.com/7Dx2OOs22B
— Michaël van de Poppe (@CryptoMichNL) July 7, 2026
The current structure has placed $61,000 back in focus as a key support zone.
Holding that area may allow Bitcoin to keep building a recovery base. However, a clear loss of support could shift attention toward lower levels.
On the upside, analysts are watching the path toward $68,000. A move into that area would require steady buying and stronger daily closes. For now, Bitcoin is trading between support defense and breakout expectations.
Strategy Sale Raises Market Debate
The reported Strategy sale became a major topic across Bitcoin markets. Market analysts pointed to an SEC 8-K filing and a sale of 3,588 BTC. The reported average sale price was near $60,000.
🚨 SAYLOR JUST SOLD BITCOIN AT A $15,000 LOSS PER COIN
Not a rumor SEC 8-K filed today. Official.
3,588 BTC sold at $60,000 average, their own cost basis: $75,500
They didn't take profits – they sold at a loss because they needed cash
The numbers explain why:
$8.32B → Q2… https://t.co/OwrvpwRAhn pic.twitter.com/6qRruxkE4X
— philarekt (@philarekt) July 6, 2026
The same analyst said the company’s cost basis was about $75,500 per Bitcoin. That would place the reported sale below the company’s stated entry price.
Traders viewed the move as a possible cash-raising step rather than a profit-taking event. Figures shared in the discussion also cited an $8.32 billion Q2 digital asset loss.
They also referenced $2.55 billion in remaining dollar reserves. These numbers added more attention to Strategy’s balance sheet position.
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Traders Watch Whether Shock Has Faded
Despite the debate, Bitcoin did not continue lower after the reported sale entered market discussion.
Some analysts viewed that reaction as a sign that selling pressure had been absorbed. Others remained cautious because corporate sales can affect sentiment.
The market is now watching whether Bitcoin can form a new short-term range. A stable base above $61,000 may support further recovery.
A move toward $68,000 would need buyers to control resistance zones. Strategy remains closely watched because of its large Bitcoin holdings.
Any future filings or treasury actions may return attention to corporate Bitcoin supply. For now, BTC traders are tracking support, consolidation and the next push toward $68,000.
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