Less bitcoin earned by miners --> Price of bitcoin is less --> Miners refuse to sell at loss --> Lower seller means buy pressure is high --> Buy pressure is high means price is high
Actually I think like this, but after the price reduction occurs, I always think negatively. however, currently, the price of bitcoin is recovering, and there is potential for prices to return to $ 9k before the upcoming May. however, I really hope that the price of bitcoin is very high before halving because what you say will push the price of bitcoin higher than before.