You have a valid point but if anything I think that points to the fact that this is coming from retail outside the U.S.

Could be from UAE, Ethiopia, and Argentina state-backed mining fomo idk 🤷‍♂️ 

 Mining has fuck all to do with the price😂. Yes, the block issuance has gone down from 6.25 to 3.125, the price is all to do with increased liquidity in the market. i.e. money supply🤷🏻‍♂️.