I don't really know if it is the current bottom. The bottom was near $3000. The market is currently in the uptrend. Most news talk about an uptrend. But at the beginning of this week some people were having some doubts about it. But now, they seem more positive.
One thing I know and I believe is that we already hit the bottomed from our ATH.
The current price is already a progress and I don't see any chance that we will be going low again, market recovery is what is happening now, so price will rise.