On 2023-05-04 at 02:00 (UTC+8), the Federal Reserve will have a new round of meeting to make the rate decision. Will the rate hike continue? How will it impact the price trend of BTC?
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Share your thoughts on whether the BTC price will rise or fall after the rate hike announcement. Simply create a post under the topic #TrackTheFedRateHike&BalanceSheet to do so, and win up to $150 in reward!
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ā° Event Time: 2023-05-02 14:00 to 2023-05-04 02:00 (UTC+8)
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āœ… How to Participate:
1. Under the topic #TrackTheFedRateHike&BalanceSheet, create a post in BingX Feed on whether the BTC price will rise or fall after the rate hike announcement. After successful posting, you'll stand a chance to win up to $150 in reward! No less than 50 words.
Example: I predict that the BTC price will go up after the Fed meeting. The price will probably be ** because ***.
2. For the BTC price that will be used as a benchmark in this event, the starting point is based on the 1-minute candlestick chart of BingX Standard Futures on 2023-05-04 at 02:00 (UTC+8). The rise or fall of the cryptocurrency will be determined by the price change on 2023-05-04 between 02:00 to 02:01(UTC+8).
Example: If the BTC price is 18,000 on 2023-05-04 at 02:00 (UTC+8), and 17,900 at 02:01(UTC+8) on the same day, it is considered a fall.
On the contrary, if the BTC price is 18,000 on 2023-05-04 at 02:00 (UTC+8), and 18,100 at 02:01(UTC+8) on the same day, it is considered a rise.
3. Users who make an accurate prediction on the BTC price in the 1-minute candlestick chart (data on 2023-05-04 at 02:01, UTC+8) will stand a chance to win $100 in reward.
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šŸŽ Reward Rules:
1. Lucky Award: The top 10 quality posts that correctly predict the rise or fall of the BTC price will be selected. Each author will be rewarded with a 50 USDT Bonus.
2. Special Award: 5 users who correctly predict the price trend and make accurate predictions of the BTC price will be randomly selected. Each author will be rewarded with a 100 USDT Bonus.
3. Users who only leave comments will not be eligible for rewards.
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šŸŽ Eligibility Evaluation and Reward Issuance: Within 7 workdays after the event ends.
ā¤ļø Any language can join!
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