BTC Yet not out of Bear Phase

The chart above shows that:

1. BTC close is above 50dsma but below 200dsma
2. BTC 50dsma is still below 200dsma
3. MFI is above 80 i.e. above overbought zone
4. 24hr trading volume has not increased much

Tomorrow is expiry for CME futures and if BTC holds above 8000 then that would break back and conviction of shorters. This can then trigger next upmove and take BTC out of bear phase and for that BTC need to trade above 10K with good volume.