Nah, the price is too cheap to sell just to just Xmas gifts.
I'm sure that majority of people here have jobs so they have their Xmas bonuses. So it's not wise unless you really don't have fiat in your system to buy gifts. Wise investors knows when to sell their BTC. So for those who are going to dump it today because of the holidays, then think again.
I support you. I am sure that it is better to find other money to buy New Year's gifts than to cash out Bitcoin when the price is so low.