Either we come up with real innovative ideas to speed up transaction rate by 10 times, increase Bitcoin usage in real world, add more use cases for Bitcoin usages and Bitcoin becomes like Apple/Amazon or it goes down and down and become another Yahoo.
We need to innovate together to take BitCoin to 100-500k USD level.
No more innovations means BitCoin will die. Anything which does not evolve can not survive for long.
What can we expect? As of now there is no innovation on bitcoin blockchain and if this drop continues then it would be dead for sure. But as what i see, bitcoin price only depends on investors that is if there is no one manipulating the price to make it even more reality. If investors only hold their stocks and take out only what they need, then there is no reason for bitcoin to drop even more.