The price has been raising uncontrollably since last week !!!
However , Chinese will public their decision of Cryptocurrency on 30/9
Do u think the price may keep raising or decrease ??
After the 30th, i think that the price may actually start to increase even quicker.
The uncertainty surrounding the whole regulatory framework for bitcoin in China was the main killer for bitcoin price. Traders absolutely hate uncertainty. Even if everything bitcoin related does get banned in China, it's better than uncertainty as people will find workarounds fairly soon and go back to normal business.
I'd expect price to go to $4500+ in October. Plus, BTCChina already stopped deposits from coming in, right?
Im hopong for it's quicker pump but it seems to be stable on range of $4200 , at least hope that October may be a good price increase might happen and will be buzz by hard fork FUD again, FUD everywhere.