We are back with another week of the Bitcoin's Weekly close contest. Last week was amazing as we got some of the entries with amazing details and charts as well.

We are back to usual payout of 10 SBI(after 30 SBI last week). Hope you guys will 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 for the week #22 (Contest #5)

BTC close last week was 8738. And here are the 3 of our members who got it right.

• 8750 by @bitinvdig0
• 8700 by @n1hal (This guy is a pro. Getting it right for the 3rd time :) )
• 8600 by @samsemilia7

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)
• NEW RULE - Your entry should be within 200$ of the close price else it will not be considered.

REWARDS

The top 3 places will split the 10 SBI reward pool(last 2 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.

Thanks to @richatvns for such an amazing signature banner. :)