Hello CryptoTraders and Technical Analysts,

We are back and are progressing nicely on this and I believe we are getting enough traction around this. Please continue to shower love, so that I can keep the reward pool alive to continue this contest.

If you are participating in the contest for the first time, here is what it is about.

While trading everyday and working on our charts, we use different set of oscillators to keep an eye on this market. And at times most of us see things differently and have different results.

This is an initiative to bring different traders and analysts together to find out where do we see BTC heading.

That's correct. We would like you to guess the price of weekly close on BTCUSD:Coinbase and 3 entries closest to the weekly close would win

Winners of last week

BTC close last week was 5715. And here are the 3 of our fellow members who guessed it right.

• 5750 by @charcoalbuffet (5 SBI)
• 5640 by @bitinvdig0 (3 SBI)
• Amazing5588 by @wolffeys (2 SBI) -- 2nd time in a row to be in top 3.

Congratulations to all our winners.

Let's start working on finding out what would be the next close on weekly.

• Every participant must complete the tasks in this list for their entry to be valid.
• Contest would start every week on Monday and will run through Saturday.
• Every contest should submit their entries before Saturday Midnight GMT.
• Every participant can submit one entry per week in this contest.
• Setup a Blog Post with the following Title:
  BitCoin Weekly Close Contest #1 WK#16 - [Price Prediction]
  set the blog post first tag to #btcpricecontest
  Put your price prediction in the comment.
• If there is a conflict with the same price, comment which was put older in time will be considered winner.
• You can put your chart along with the price prediction in the body which shows the rationale behind your prediction. (Optional)
• Please Upvote and resteem this post, and follow me before you put your entry in, so we can get your friends invited, and build the reward pool. (Not necessary, but this helps us to keep the reward pool alive)

REWARDS

The top 3 places will split the 10 SBI reward pool(last week's and this week's reward) for this event 5, 3, AND 2 (you can only win one reward per event). If THERE IS A TIE THEN the rewards are split.