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?
Waot until the holiday season is over. When people are done spending for the holidays then they'll think about makig mkney again and probably that will trigger a btc rslly that could see another all time high broken