Most people are now busy preparing for Christmas. Buying gifts, attending parties, etc. I myself did a lot of profit taking to be able to celebrate the holidays in style. Would love to give bitcoins as a gift.
It's true that some people will sell bitcoins or at least some satoshies to have some extra money for the holidays. But I don't think that would be such big amount to influence the demand and supply ratio and the price in some significant way. So, I don't expect some huge price drop and disturbance on the market, usual volatility and nothing to panic for.
Regarding the gifts, some bitcoins as a gift would make me very happy too.
