Bitcoin Bulls Take Another Shot at the Fibonacci Golden Ratio Above $122K as Inflation Data Looms

Bitcoin enthusiasts, often referred to as "bulls," are making another attempt to push the cryptocurrency's price toward the Fibonacci Golden Ratio, which is currently situated above the $122,000 mark. This effort comes at a crucial time as inflation data is set to be released soon, which could significantly influence market sentiment and trading behavior. Investors are keenly watching the developments, hoping that positive economic indicators will bolster Bitcoin's momentum and encourage further gains in its value. source: https://www.coindesk.com/markets/2025/08/11/bitcoin-bulls-takes-another-shot-at-the-fibonacci-golden-ratio-above-usd122k-as-inflation-data-looms