In the Champions League, Bayern Munich has so far been able to be in the top ten and there is indeed a possibility of being in the top eight zone after playing two more matches in the standings. But I am more convinced that Bayern Munich will be stronger in the Bundesliga than in the Champions League because the pressure that Kompany must accept in the Champions League is still much greater than in the Bundesliga. So I am a little less sure that Munich can go far in the Champions League, but if it is just in the Bundesliga, I am still quite sure that Munich can maintain its top position until the end of the season.
I also think the same as you that Bayern Munich is stronger in Bundesliga and more likely to win the domestic league title than winning the UCL title which is very difficult to achieve because the competition this season is very tight maybe Bayern Munich must face Liverpool if they want to win the UCL title because this club is at its best level both in UCL and EPL it seems Liverpool will be the strongest candidate to win the UCL this season than Bayern Munich.
Yes, Bayern Munich have been very proactive in the bundesliga more than the champions league thereby making themselves the major contenders for the title, I don't think they stand any chance of getting themselves back into the champions league race this season but am sure they would end up winning the bundesliga title if they continue to win more games in this second half of the season and ensure that they extend their lead a quick as possible before other teams start closing in on them, especially Bayer Leverkusen that is really trying to making sure they defend their title as Germans bundesliga champions.