The correctional wave was stopped at 16k satoshi, where it rejected the upper of the and 4/1 of the . Although price could consolidate for a little longer the beginning of the larger correctional wave up is likely to take place.
The first upside target and key resistance is at 61.8% level that is 43k satoshi. If ION/BTC manages to break above, this could mean the beginning of the uptrend. On the downside, only break below the 10k support could invalidate outlook.