Yes, the price of bitcoin is showing no progress after a big increase at the beginning of last year. Bitcoin prices tend to be stable and show no progress. I am not sure when this situation will stop, but in my opinion it will take time to get back up. Maybe it's true, this will last until the end of the year and I'm sure that at the beginning of 2019 prices will gradually recover. And in mid-2019 prices will experience growth. But I still believe the price will drop several times, but will recover. The market is stagnant as it is now in my opinion because of a correction after a very high price increase at the beginning of last year.
You are right, the market looks like a garbage also the competition has increased and ICO's are jumping in this and want to make their tokens popular, People were very much excited to see the last quarter as the value may go up, unfortunately it still remains same and there is no improvement. Happiness has turned to sorrows but still holding patience and waiting for a bull run.