Bitcoin will rise during the Christmas holidays, just like it did during Black Friday/ thanksgiving holiday. So hold your positions.
This is a great encouragement for some of us that has not sold our off our bitcoin and we have been holding in other to sell at a good price as the price dropped close to oversold area for the past few days. Christmas holiday is actually time I think bitcoin might go up maybe close to $17,000 and by first week of January I will expect full recovery. Dropping of over 45% is a high significant percentage that we should be worried about but due to the way bitcoin has been behaving I believe that in short time we would recover.