Bitcoin price continued to rise today and is approaching the 200-day MA at $19510.90. Today’s high reached $19,396, which is only $120 below the MA. The price of Bitcoin has not traded above the 200-day MA since December 31, 2021. Today, the price has risen 38.2% above the high of August 15, 2022. It costs $19,279. This level is close to the risk level of buyers. The weekly price increased by 13.25% this week. This is the largest % increase since the week of March 21, 2022, when the price increased by 13.63%.