Bitcoin pulled back after Michael Saylor's Strategy announced it sold Bitcoin to fund dividends — short-term bad news, but the dip is already getting absorbed.

• Strategy sold about 30,588 Bitcoin for $216 million to pay dividends on its digital credit securities.
• This flips Strategy from a long-time buyer to a seller, adding selling pressure in the short term.
• The company still holds over 843,000 Bitcoin — more than 4% of all Bitcoin — so this is not seen as a long-term threat.
• The dip is being absorbed well, helped by a small bounce in the US stock market.
• Ethereum, XRP, and Solana all slipped with Bitcoin but still hold key support and show bullish setups.

Outlook: Expect choppy sideways action first, then a likely recovery this week if stocks keep bouncing and Strategy doesn't keep dumping.

## Bitcoin Levels

• **Bias:** Short-term cautious, medium-term bullish (weekly bullish divergence with a bullish engulfing close).
• **Buy / accumulate:** Buy-the-dip zone around 60.5K–61K on further pullback.
• **Support:** $60,000 major support; 60.5K–61K zone (bounced from just above 61K).
• **Resistance:** ~63K, then 64.5K, then 66.5K–67K.
• **Targets:** Recovery/relief back toward recent highs this week; upside liquidity at 63.5K–63.8K was already hit at ~63.9K.
• **Invalidation:** Continued heavy Strategy selling / a decisive break below the 60.5K–61K support.