Bitcoin will recover, the current fall in price is just people cashing out before Christmas and then investors see this and assume its bitcoin's bubble popping. But the Bitcoins price is not a bubble, it's price rise is due the rate at which bitcoin mining difficulty keeps increasing, which has made nearly all home GPU miners redundant and unprofitable and now only big mining farms can keep up, so its essentially these farms and large pools which control the flow of most bitcoins. As most of these guys are holding and spending, supply is low and demand is high and this keeps prices rising.