It's such a simple and consistent pattern - I don't know why everyone is so suprised every time.
It is NOT going to last forever, is it? And isn't the pattern running out of steam (which is motor running on FUD)
Certainly not.
A negative Bitcoin price is highly unlikely

On a more serious note: Mining profits are still too good for the ones having access to hardware so the selling will continue until the difficulty catches up...
How would we know the percentage of freshly mined bitcoins that are being dumped onto the market?
I can see that dumping happening with some of the big pools to some degree in order to weed out some of the competition by selling while they are still making a profit and accordingly discouraging some of the smaller operations that are NOT making a profit.
However, contrarily, I would think that the miners as a whole may have an incentive to be strategic with their dumping and to hold their BTC for a while in order that the price would go up... which it seems that we are on the low end, regarding BTC prices, at this point.
So they have competing and conflicting incentives that each of them are going to come to different calculations regarding how to proceed to maximize their own personal profits.




