Bitcoin price is good, yeah it has dropped but it's a good thing to buy now and save for later, I believe market will improve by a LOT from next year.
Bounce back is what shows that bitcoin is doing well. We have seen it took time to cross 10k but later it went till 12k levels as well and could not sustain the prices above it. But the recent price drops just seems profit booking would have happened and from here the whales again could start buying and we can see price again crossing 11k in coming time.