Hi I am new here and not used to the volatility 
in the price, and will the market recover or is it due to selling during the festive season? 
In other commodity trading, drops like this is indicative of a market slump and may result in panic selling. Is this a true reflection or is it normal?
in the price, and will the market recover or is it due to selling during the festive season? In other commodity trading, drops like this is indicative of a market slump and may result in panic selling. Is this a true reflection or is it normal?
There is a possibility that bitcoin will fully recover after this holiday unless there is another event that will affect its price. Some bitcoin holders are getting nervous of their investments as the price continues to go down and the others eventually sells theirs. If bitcoin still sluggish next year, it might be overtaken by soaring ripple price in market capitalization.