BTCUSD Break Above 200-EMA

BTCUSD surged sharply above $42000 on upbeat market sentiment.

Bull case-

Primary supply zone -$42500. The breach above confirms minor bullishness. A jump to the next level of $43500/$46000/$48300 is possible.
CCI (50) holds above the zero line in the 4-hour chart.
buy on dips around $42000