The Bitcoin drop could be because of the Bitcoin fork of forks. Bitcoin supply is not scare after it forks. Do u agree ? This time it forked from Bitcoin cash.
DO you know that Litecoin, DOgecoin, DashCOin and many more coins in the space are all fork of Bitcoin, if you understand the meaning of Fork, last year each fork of BTC drove the price high because everyone want a piece of the cake, Bitcoin Gold and BCash are two examples that come to mind. So your premiss here is very wrong