The hashrate will continue to decline leading to a drop in difficulty.
Unless the community wakes up and starts to give at least 50% of its effort in integrating Bitcoin into payroll systems, we're going to see Bitcoin slowly fade away into the night. The only way to equalize the downward price pressure caused by the growth of BTC accepting merchants, is to pay people in Bitcoin.
Big merchants like NewEgg to OverStock, everyone is simply dumping the coins. If they paid their employees/vendors, then this problem would not arise. This is why companies who fully depend on bitcoin ecosystem should rise.
Interestingly, at the time of writing this, the last block has been found 45 minutes ago.
https://www.blocktrail.com/BTC/block/000000000000000019d4247dd6a2d669ccc34cf926d0e50fa6bb78ac70583677