[//]:content-type-MARKDOWN-DONOT-DELETE  There is no denying the fact that we are in the midst of a #BearMarket. However, legends say that while #BullMarket produces millionaires, it is #BearMarket that mints billionaires. That being said, we, at Gate.io, have come up with #GateioBTCPrediction contest where you make a prediction about Bitcoin prices and get rewarded for that. **What is #GateioBTCPrediction Contest?** GateioBTCPrediction contest is all abourt making a trade on #Gateio ETF or Futures Contract platform and making a guess on the BITCOIN price at the end of the contest. The closest guesses will be winning from a prize pool of $1000. Also, we have additional rewards for the top 3 guesses. **Rules** 1.GateioBTCPrediction Contest starts from 8 AM UTC 18th Jan 2023 and ends on 8 AM UTC 24th Jan 2023 2.Users need to predict the price of Bitcoin and share it in the Form: https://www.gate.io/questionnaire/2939 3.If users think Bitcoin prices will sink, they need to either buy a BITCOIN 3/4S ETF or Short Bitcoin (at least $50) + share their price prediction in the google form. 4.If users think prices will pump up, they need to either buy a BITCOIN 3/5L ETF or LONG Bitcoin (at least $50) + share their price prediction in the google form. 5.After 8 AM UTC 25 Jan 2023, we will take note of the Bitcoin price and that price will be considered as a point of reference for Bitcoin price prediction. 6.The one who is closest to the prediction, will win $500, the 2nd closest one will win $300 and the 3rd closest one will win $200. 7.The rest of the participants will win rewards from a prize pool of $1000 according to their predicted percentages. 8.Users who are participating and trading need to be KYC 1 Verified **Terms & Conditions** -Rewards will be distributed to the winning user accounts within 14 working days after the end of the campaign, which can be viewed at “My Finance” - “Billings”. -The user must complete his/her KYC. The Sub-Accounts and Master Account will be treated as the same account when participating in the competition. -In order to safeguard every user’s rights and guarantee fairness, the platform will cancel entries for malicious acts conducted during the period, including malicious transaction manipulations, illegal bulk registration of accounts, self-dealing, etc. -Risk Warning: Please be sure to note that the virtual currency market is volatile and losses may occur in different situations, so you are strongly recommended to understand all the related information and be vigilant in regards to your investment actions. -Gate.io reserves the right to cancel or amend any activity or activity rules at our sole discretion -If there is fraudulent activity, trading volume/swiping, knock-off, etc., you will be disqualified, and your participation and reward will be canceled. -The final right of explanation for this event belongs to [Gate.io](https://www.gate.io/ "Gate.io").