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?
Hopefully it will be able. If we will be basing on the past experiences of bitcoin with the backdrops, it has a chance to recover with this one. Backdrops on its market value is not a new thing for Bitcoin that is naturally volatile. Just trust the capability of Bitcoin to recover with the dumps on its market value. Holding will be a more necessary move than selling. 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?