Re:Ask HN: Why is Bitcoin crashing massively right now?
by kerkeslager on Saturday May 09, 2020 @10:19PM
(#23129809)
1. That link does not suggest a causal link between the halving and the drop in price.
2. If it did suggest that, it would directly oppose the law of supply and demand--a reduction in the rate of increase in supply should increase price, not lower it.
This website suggests it's due to bitcoin halving the block reward soon.