Bitcoin at $56K: Signs Point to Potential Breakout

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Adding to the bullish technical formation, Bitcoin's distribution 'danger zone' has officially ended, according to popular analyst Rekt Capital.

A popular Bitcoin chart formation suggests that Bitcoin's BTC tickers down $61,979 price could break out from its current range. However, this week's macroeconomic news could also significantly impact the price. Can Bitcoin break out to the upside?

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