Hello CryptoTraders and Technical Analysts,

Sorry for the late post. I was stuck in some personal chores and could not get back to you.

We all know, we started this contest 2 weeks back, where you predict the weekly close of BTCUSD:Coinbase and 3 entries closest to the weekly close would win. And I think we have started to get enough traction on this. And because have we our own set of oscillators to keep on eye on this market. And at times most of us see things differently and have different results.

Winners of last week

BTC close last week was 5155. And here are the 3 of our fellow members who guessed it right.

• 5132 by @n1hal (10 SBI)
• 5210 by @simonjay (6 SBI)
• 5233 by @wolffeys (4 SBI)

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)

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.