After Bitcoin took some significant blows in the market, some investors wonder how low it could go. "$5,000 was my most optimistic downward target and my most pessimistic downward target is $1,300," says blockchain and Bitcoin consultant Tone Vays. For the full segment, [click here.](https://cheddar.com/videos/inside-the-factors-driving-bitcoin-price-down)

Share:
More In Business
Apple Beats Expectations in Latest Quarter
Apple posted better-than-expected profit and revenue in the latest quarter but said sales dropped for the fourth straight quarter, including a drop in revenue for iPads and iMacs.
Load More