I don't think BTC has nots its upward momentum. It has some more room to rally.
Trade closed: target reached:
I anticipated for the price to get to $5,500 and bounce off but that's not really relevant. Target reached. I don't think that price has lost its momentum and will keep going up. Sad thing is that you can never guess when the sudden retest will happen. Fibonacci chart can help guesstimate that.