Bitcoin prices have been trading sideways for the last few weeks, moving within a reasonably tight range as many investors wait to see what China's regulatory environment will look like going forward.
The digital currency's price has primarily traded below $4,000 since September 14, according to the CoinDesk Bitcoin Price Index (BPI).
The currency has suffered this malaise after surging to more than $5,000 on September 2 and then promptly falling back from that level.

More @ https://www.forbes.com/sites/cbovaird/2017/09/24/bitcoin-trades-sideways-as-investors-look-to-china/