$BTC price went below 200 yesterday but managed to close just above it. Today price is staying mostly below it but if it manages to close above that would keep the uptrend intact based on 200.
Significance of 200 EMA:
- 13th October 2015: First major crossover towards upside
- 2nd August 2016: Went below for two consecutive days on Bitfinex hack but closed above 200.
- 12th January 207: Bounced above 200
- March 25th 2017: Bounced from 200
- April 15th 2017: Crashed below 200 but close far far above it
- July 16th 2017: Bounced before touching 200
See the pictures below