The much anticipated halving of Bitcoin has occurred. As with the previous 2 halvings, this did not result in a price increase. In spite of this history many Bitcoin enthusiast expected to see a spike in price. During the previous halving, it took almost a year for the Bitcoin price to make a drastic move upwards.
As of now miners will be earning less and Bitcoin has a lower inflation than gold. What happens with the price remains to be seen.
