Bitcoin BTC $114,507.12 bulls mounted a fresh challenge to a crucial resistance level as traders looked forward to U.S. inflation data. The top cryptocurrency rose to $122,056, testing the 1.618% ...

That level represents the 1.618% Fibonacci extension, originating from the December 2018 lows, the December 2022 lows, and the 2021 high. The 1.618% extension is highly important because it's derived ...