#Bitcoin price target for 2021.... $230,931

Why?

"The Parable of the Ox"

This is a method that takes the average from a group of predictions.

I found around 200 predictions and took the average 👇

1/4
The Parable of the Ox -

https://www.ft.com/content/bfb7e6b8-d57b-11e1-af40-00144feabdc0

I'm fully aware this isn't exactly an exact comparison, an Ox's weight Vs #Bitcoin 's price, but the method is interesting and so simple.

It's an interesting experiment nonetheless

2/4
A sample of some high profile predictions used...

@100trillionUSD - $288,000
DeVere Group - $40,000
@APompliano - $100,000
@woonomic - $300,000
Citi Bank - $318,000
@novogratz - $65,000
@theRealKiyosaki - $50,000

3/4
Does this really work?

Our very own @boydy25 used this in Jan 2020 using our teams predictions to predict the 2020 high.

His price: $25,893
Todays price: $26,770

Pretty close, but of course this could be fluke.

Let's see how the target of $230,931 works out 🤷‍♂️

4/4
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