WOW he made excellent explanations in this video I found very interesting, mainly because in the video he always mentions the history of the past, then I remembered it:
Hedge Fund Magnate Mike Novogratz Delays New Cryptocurrency Fund, Cautions on Bitcoinhe said:
A rampant bear market might result in the staunchest supporters beginning to doubt it. Michael Novogratz, who was planning to launch a $500 mln hedge fund in cryptocurrencies, has delayed his plans and says Bitcoin could drop as low as $8,000 before rebounding
another quote from him
We didnt like market conditions and we wanted to re-evaluate what were doing. I look pretty smart pressing the pause button right now.
so he says the price of bitcoin will reach $40,000? if he really believes it's possible to reach that price, Why he
re-evaluate what he are doing?