Some of the analysts say they do not expect the bitcoin price to find a floor until the second quarter of 2019, meaning that the market could face another seven months of downward pressure before conditions improve. So the BTC’s nearest future is not as bright as we would like it to be. What's more, NVTS (Bitcoin network valuation divided by transaction value) is broken below its support level, which is a classic sell signal.  So for now we'll have to observe just how it goes.