Bitcoin: Finally $5,500 was broken, what's next?

As it was predicted, the breakout of $5,500 was just the matter of time and Bitcoin finally managed to overcome this psychological level. On the 1-hour chart, we see that the price of BTC rocketed up to $5,650 and then rolled back to $5,540 and it is located now. On the possible reasons of such growth is the testing of NASDAQ the BTC trading interface.

On the other hand, the EMA 50 indicator has not crossed the EMA 200 which is known in trading as the ’’Golden Cross’’ when market reversal happens and the bullish trend is replaced by bearish. Moreover, the RSI indicator shows the coin’s overbought, which can be a sign for a small correction.
It is a high possibility that BTC will reduce to $5,500 in order to gain efforts to break new resistance levels. This would be a good scenario for Bitcoin in terms of long-term perspective.