Is the $3,000 bitcoin price pullback a bull trap or consolidation? With $140.9B in open interest, analysts eye BTC's next move.

Bitcoin surged past $79,000 as a massive $2.7B short squeeze, US Treasury bond buybacks, and strong ETF inflows fueled a rapid recovery from the

Analysts say consolidation could strengthen bitcoin’s rally, while thin trading above $80,000 may set up sharper price moves.