We're using Mercurial at our team primarily, and have been on Bitbucket for the last six years as a company, so this is a huge letdown. I’ve got 8 notifications yesterday about updates to such Bitbucket issues and my “neat, news coming!” was very quickly turned sour. Not to mention all this comes within a year of the same happening with HipChat...
However, if you want help moving to Git (which we might end up doing after advocating Mercurial for years...) check out this: https://lombiq.com/bitbucket-mercurial-to-git-migration We have some free and open source tools for converting repos or otherwise you can hire us to do the whole migration and train your team.
If you only need code hosting then yes, there are perfect alternatives out there. If you need at least pull requests as well then things are not so nice.
Helix TeamHub looks like a good service but I'm not confident they'll keep hg support for long. Mercurial there seems to be a second-class citizen like at Bitbucket, and [their blog|https://www.perforce.com/blog/vcs/git-vs-mercurial-how-are-they-different] is not exactly reassuring either. If I were you I'd just to with sourcehut.