Bitcoin Price Prediction Market on Robinhood Targets $86,500

The Bitcoin price prediction market on Robinhood is a platform where users can place bets on the price of BTC on a specific date and time. The market is currently set for October 2, 2026, at 7am EDT. The platform will use the corresponding Real Time Index (RTI) from CF Benchmarks to determine the final price. The official and final value will be the average of 60 RTI prices collected at the last minute before expiration.

The market offers various price targets, with the highest being $86,500 or above, which has a payout of 18¢. Other targets include $86,400 or above (34¢), $86,300 or above (53¢), and $86,200 or above (77¢). The platform also warns that trading prohibitions apply, including restrictions on employees of certain agencies and individuals with material, non-public information on the underlying asset.

Users can place bets and close their positions before the event resolves, but additional fees apply. The platform also notes that event contracts involve significant risk and may not be suitable for everyone.