By far the biggest news in September was that China would no longer allow initial coin offerings (ICOs) within its borders. On top of that, the country has alienated several key coin trading platforms that have said they will be leaving the country in the near future. With a huge swath of consumers now effectively being closed off to BTC, the Bitcoin price forecast has been relatively muted lately. Or at least, it has not been experiencing the massive booms and falls that we're used to in the cryptocurrency market.

Bitcoin is trading at a hair below $3,800 as of the writing of this article, and has been fluctuating between $3,700 and $4,000 since the news dropped early- and.

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Bitcoin Price Forecast – Lingering Effects of China