Bitcoin miners are not likely to see capitulation and especially a “mining death spiral” after the 2020 halving due to four major reasons.
Source: https://cointelegraph.com/news/4-reasons-the-bitcoin-halving-wont-trigger-a-big-miner-capitulation
4 Reasons the Bitcoin Halving Won’t Trigger a Big ‘Miner Capitulation’
May 12, 2020
CoinTelegraph