Analyst CoinDesk: BTC need to rise above $8500 to get out of bearish trend

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Analyst CoinDesk: BTC need to rise above $8500 to get out of bearish trend

According to CoinDesk analyst Sebastian Sinclair, for the beginning phase of sustained growth the price of bitcoin need to confidently break the mark of $8500.

He also notes that during the current year, the price of bitcoin draws patterns largely similar to those observed in 2015:

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