Price Lingers below 21 EMA on Weekly, Sign of Weakness?

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Concerned that were lingering below the 21 EMA for weeks on the Weekly timeframe , while were stuck in the range, a lot of people share opinions in the market but as a fundamental analysis , the longer it stays below the 21 EMA on larger timeframes we may see a continuation of bearish divergence before we rebound to the upside continuing bullish sentiment. Trading in todays range offer small percentages and it is better to see a clear picture of trend, as I am taking that step.

Hope this helps, thank you

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.