Bitcoin briefly dropped to around $60,400 on June 7 before rebounding to near $61,700. Although the price has temporarily held above the $60,000 level, market sentiment remains cautious following a significant decline earlier this week.
$60,000 remains the short-term focus.
During the day, Bitcoin traded between approximately $60,400 and $62,800, indicating continued buying support at lower levels. For short-term traders, $60,000 remains the most closely watched level, as it continues to be regarded as a key psychological support.
If the daily candle reclaims above $62,800, the short-term trend could further improve. If it falls below $60,000, the market may continue to decline toward $58,500 or even near $56,000.
Saylor's post sparks speculation about increased holdings
Strategy Chairman Michael Saylor posted that day, saying it is now a good time to "add more dots." This kind of "dots" terminology has previously been interpreted by the market as relating to Strategy's Bitcoin activities, quickly sparking new speculation about additional purchases.
However, this post did not include purchase volume, regulatory documents, or any direct confirmation, so it is still insufficient to prove that Strategy has repurchased Bitcoin at this stage.
The claim about AI diverting funds has attracted attention.
The report mentioned that Saylor recently stated that this round of Bitcoin correction resembles a shift of capital toward AI trading, rather than a deterioration in Bitcoin’s fundamentals. He believes that as some capital flows into AI projects, demand for Bitcoin in the short term will correspondingly decrease.
This view remains controversial in the market, but it reflects how investors are currently comparing the fund attractiveness of AI with cryptocurrency assets. Next, whether Bitcoin can sustain volume-based stability above $62,800 will be key to determining if the rebound continues.