BTCUSD Chart Technical Outlook Bitcoin is on its back foot after the strong US employment report triggered a reasessment of the Fed easing cycle. The double top at 71,920 has triggered a reversal below the ascending trendline support and bears are now heading for the 66,770 level. Below here, the next target is 64,560. On the upside, 70,250 (reverse trendline) is closing the path towards 71,290.
