#Bitcoin is close to retesting the “Ascending Triangle Formation” support and if the test is successful it could mean confirmation of a rapid rise. On the other hand,#BTCprice is currently priced above the "100-Day Moving Average" (MA100) ($66500), which acts as support within the triangle. A reaction from here and the subsequent breakage of the formation resistance will herald the rise. On the contrary, if $BTC loses the MA100 support, downside pricing and further consolidation within the triangle can be expected.