Sheffield Clark, the CEO of the American Bitcoin ATM network Coinsource, commented about the long term effects we might see from the halving: "One could argue that it may breed confidence among larger institutional investors uncomfortable with the arguably loose monetary policies of many central banks today, especially NIRP, and trigger capital inflows to bitcoin due to its track record of stellar year-over-year returns long-term deflationary nature. Considering quantity of capital tied up in negatively yielding bonds is over $7 trillion, there could quite a bit of long-term upwards pressure to price subsequent to halving, should this confidence ethereum login take hold." Bitcoin Price This is the ultimate bullish case for Bitcoin in one simple visual. 1173 followers • 6 videos After much anticipation and many speculations, the second Bitcoin Halving has finally come to pass. Block number 420,000 has been added to the Blockchain and the reward for mining new ones has been cut in half from 25 BTC to 12.5 BTC.