The current price of bitcoin is more like a trap. The bull is not coming anytime soon, so it is likely another downtrend comes in. Many would be deceived this time to think that Bitcoin is set to go above $10K, but I doubt it would cross that now. Altcoins, on the other hand, are still under the influence of the price movement of bitcoin, which can be confirmed from its dominance value. So, for that too, expect more downtrend before it picks up from there on its own.