![Bitcoin's Latest Triumph: Hitting the 61.8% Fibonacci Retracement Level](https://cdn.getmidnight.com/13448471d89a9cd8d7f71026a0334ec8/2023/05/sknows_bitcoin_crypto_chart_retracement_bd114d86-cdcd-420a-a917-787400fd1751.png)
Bitcoin's Latest Triumph: Hitting the 61.8% Fibonacci Retracement Level
As the foremost player in the realm of digital assets, Bitcoin has recently achieved a significant landmark in its price trajectory, hitting the 61.8% Fibonacci retracement level. This achievement underscores the relentless dynamism of Bitcoin and its influential role in the cryptocurrency market. What is Fibonacci Retractment? The concept