Additionally, a parliamentarian blocked the German government from selling bitcoin because she believes bitcoin is an inflation hedge and should not be sold. But that hasn't stopped the German government from selling bitcoin, but they seem to have realized that selling directly on exchanges would destabilize the market. so they decided to transfer the bitcoins to Flow Traders, a company that provides OTC services.
https://www.flowtraders.com/Honestly that's a good news, OTC is the way, even justin sun offered to buy their BTC, definitely better for them since price won't tank and their asset won't plummet along the process of dumping their coin to the market.
if only mt gox could do the same, but since the creditors will be credited individually, expect it to hit the market.
I think the market will soon fully absorb this news and will soon recover despite the Mt.gox news, a return to $60k will not be difficult for bitcoin.
It seems like Mtgox trying to credit periodically within period of 3 months, so if the selling pressure is spread out within 3 months like you mentioned, I think the market can really contain it and I agree that 60k is probably gonna be easy for bitcoin, the reason of the recent dump getting so bad like this because of a shock effect following the news of german dumping as well as mt gox but the resistance seems to be pretty solid. eventually people will get used with the fud and just ignore it.