14.01.2025
Andrey Mastykin
Author, Financial Expert at Traders Union
14.01.2025

Bybit launches Crypto Challenge: Predict correct candle color to share 450 USDT

Bybit launches Crypto Challenge: Predict correct candle color to share 450 USDT Participants must submit their predictions before the deadline of January 25

​Bybit, one of the leading cryptocurrency exchanges, is engaging its users with a new and exciting challenge, offering a total prize pool of 450 USDT for those who can correctly predict the color of Bitcoin’s daily candle. 

As part of its latest promotional activity, Bybit has invited traders and enthusiasts to analyze the current market behavior of Bitcoin and make an educated guess on whether the daily candle for January 28, 2025, will be green (bullish) or red (bearish).

How to participate and win

To take part in this unique challenge, participants must submit their predictions before the deadline of January 25, 2025, at 10 AM UTC. 

Here's how it works:

1. Sign up for Bybit and subscribe to Bybit Reddit.

2. Make an educated guess on whether the daily candle on the Bybit spot will be green or red on January 28, 2025.

3. Submit your prediction by January 25, 2025, 10am UTC.

Those who guess correctly will share in the 450 USDT airdrop prize pool, making it a simple yet potentially rewarding activity for anyone interested in the future price movements of Bitcoin.

The contest encourages participants to closely monitor Bitcoin's price action and submit their predictions on Bybit's official subreddit. With the rapidly fluctuating nature of the cryptocurrency market, the challenge tests users' ability to make educated guesses based on their technical analysis and market intuition.

An engaging community challenge

This crypto candle challenge not only offers the opportunity for users to win prizes but also serves to engage the Bybit community in market speculation and discussion. The competition highlights Bybit's commitment to creating interactive and fun opportunities for its users while fostering a deeper connection to market behavior and price prediction strategies.

As cryptocurrency enthusiasts refine their skills in market prediction, challenges like this could become a more common feature across exchanges, offering both educational value and rewards.

In addition, Bybit hosts SYN/USDT trading competition with 25,000 USDT prize pool.

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