Bitcoin has broken the previous high which was #42266.32 as the market has broke that level, there's an indication that the market is trying to show us based on a reversal pattern which is a rising wedge. If the pattern is fully formed the market will retest the previous high which is now the support level on the 4h chart. Bitcoin is in a bullish rally with more volume towards the upside.
Short Bitcoin (4hr chart) Target: -42266.32 Buy stop: - 42266.33