My opinion is that the market is consolidating at the moment for BTC. There is definitely pressure on the down side as people who have got in higher are looking to get out as close as to breakeven as possible. Also, remember that a new tax year, people who held gains from 2017 are now taking profits to defer taxes until 2019. Lastly, there still may be some more pressure coming as people may need to sell to pay for taxes from their hefty 2017 gains.