What is about BTC's current situation?
Bitcoin (BTC) is trading down marginally at the price of $4,245, which is a stable indicator after yesterday’s (29th Nov) price pump that made an increase of more than 10%. Currently, Bitcoin is trading up nearly 20% from its recently set 2018 lows of $3,600.
Its recent price action seems to have confirmed $3,600 as at least a temporary bottom.
Most likely this current ease rally will carry the price back above 5k over the next week or two. The next day the price hopefully will stay stably in the range of $4300-4500.