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?
The prices went drastically and unexpectably without any reason so the price correction was needed but the prices went down a little more than expectations to low as $12000 but predictions are very difficult to make in this crypto market but still it is sure that prices of btc are going to increase as soon as the price manipulation comes under control and rise with boost and give more profits to investors so just stay calm and have faith in its power because it has shown earlier also what bitcoin is capable of so hodl. 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?