Some have even predicted that Bitcoin prices could drop to the $ 10,000 range. It is analyzed that Bitcoin, which has been moving in a box market in the $ 30,000 range, has entered a plunge market rather than a temporary adjustment phase. Many experts also expect Bitcoin to remain unsuccessful by the end of the year, breaking the $ 30,000 mark that was the Magino line. The person who gave a gloomy outlook for Bitcoin is Scott Minerd, Chief Investment Officer of Guggenheim Partners. In an interview with CNBC on the 9th, he diagnosed that “the current price trend compared to the past has plummeted (not adjusted)” and “this is near the Bitcoin price level of 70-80% (compared to the highest price)”. There is a risk that it will drop to the $ 10,000 to $ 15,000 range. ” According to the coin market cap, a cryptocurrency market brokerage site, the Bitcoin price was $ 33,738 at 10:30 am on the 11th, down 0.47% from 24 hours ago. Bitcoin’s trading price has plummeted by 30-40% from its May high, and has been trapped in a box market of $ 30,000 to $ 36,000 earlier this month. Mr. Minard is a leading cryptocurrency optimist. In an interview with Bloomberg TV last December, he said, “Analyzing fundamentals that take into account related indicators such as the rarity of Bitcoin and the value of gold as a percentage of gross domestic product (GDP), the price is about. It has to be $ 400,000. ” However, he suddenly changed his attitude in April. While acknowledging the intrinsic value of Bitcoin, he foretold a major adjustment. In an interview with CNBC on April 21, he said, “The large-scale movement that appeared in Bitcoin in the short term caused an excessive bubble. From now on, Bitcoin price will be 50% of the current price, $ 20,000. There will be major adjustments that will drop from to $ 30,000. ” Bitcoin prices, which were around $ 55,000 at the time, plummeted 30-40% in one day on May 19, a month later. He accurately predicted “black Wednesday” due to the impact of regulations originating in China. The outlook for virtual currencies such as Bitcoin is getting darker and darker. Weight is placed on the expectation that the downturn will continue. This is due to the fact that the level of regulation of virtual currencies by the governments of each country is increasing, and that monetary tightening movements such as tapering (reduction of asset purchases) have continued, mainly in the United States. CNBC conducted a survey of 100 financial professionals during the week from the 23rd to the 30th of last month, and 44% of the respondents said, “Bitcoin will end this year with less than $ 30,000. Let’s answer. ” This is twice the level of those who answered less than $ 40,000 (25%) and less than $ 50,000 (25%), and more than seven times the number of respondents who answered less than $ 60,000 (6%).