Looking on price prediction list one can make a conclusion that people believe too much into halving
Halving the price was unexpected, but the stock markets were bound to go down at some point. What surprised me though, is that Bitcoin fell more. That's not very promising for the next recession, while Bitcoin was supposed to be a save haven.
Block halving is still coming though, and as I read from theymos: a few months after the halving, people will start to
feel the increased scarcity:
Historically, the post-halving runup has happened some time after the halving, presumably after people started to really feel the reduced supply.
Who could have expected this virus would have such a big effect on Bitcoin back in January?