How to play a possible break out in bitcoin?

As we have outlined before, BTC is getting tighter and tighter inside a "dynamic formation" that should lead to a break out move. We would choose to play a potential set up with relatively short term options, something like April. If the triangle/wedge is to break out, April options should capture that move. For the bullish break out scenario, why not look at the April 42/48k call spread. It goes for around 1270 and has a max pay off just under 5X the money.