History Isn't Always Accurate ...And Climates Change!

So much focus on the halvening. Lets just remember the 40% decline after the last one. (And that was in a bull market, growing economy with falling US unemployment. Obama was POTUS...ah those were the days.lol
Fast forward 4 years and evaluate the situation in the current global meltdown and someone tell me why we are going to the moon for the sake of the miners. When did cost of production determine demand?

Just for fun I drew a bottom trend line that looks pretty good in the published shot...follow it and see where it goes...

All comments welcome