Not only did it go on the opposite direction, it goes now as high as $57k. So the negative news might have settled down already. And investors are starting to buy again, and Bitcoin dominance is again at almost 60%. So it means that we have bounce back while altcoin market is still way back from what they are expecting I guess. But still very early, pivotal movement might happen in the last quarter of the year.
It is $59k as per checking. The bouncing back was so quick and it didn't take a week for Bitcoin to recover, I don't know about other markets but it's possible that it's also doing the same. With this, it's not surprising that Bitcoin is able to recover. It has this attitude that it is very resilient and people have to recognize that and those that were able to buy at lows, soon we might be sticking to the $60k again. And currently, Bitcoin's dominance is at 56.1% and that's near about 60%. I missed seeing that it had gone as high as 70% but the price at that time was quite low for this cycle but nearly the ATHs that we've got.