BTC is touching the trendline and hopefully will bounce back from here. As our prediction earlier this week, we will enter a Long postion here, but we will need a specific plan, which is:
Buy a really small portion now at ~16k8. Buy some more if the price reaches 16k5. Targeting 17k8 and worst case scenario, stop your loss at 16k2. Watch the reaction closely and calculate your volume carefully on this trade.