Bitcoin CME Futures TA Update (Early Sign of Bull Run?)

Bitcoin CME Futures

Bitcoin finally broke this bullish descending channel to the upside and manages to get above the 200D MA and holding it as support for 4 days already.
Bitcoin is quite looking bullish during its breakout, we can see an increase in volume and the RSI still has room to enter the overbought conditions
if BTC can make its rally to the mid 9000s levels. Technically, when a coin gets above the 200D MA, momentum is quickly shifting to the bull's side
but it still too early for Bitcoin to say that we must still be cautious that this uptrend is not a false breakout.
Always keep your stop-loss in place whenever entering a trade.