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Bitcoin Price Targets Set for August 6 Prediction Market

Guavy AI Editorial Team
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BTC
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On August 6, 2026, at 8pm EDT, Bitcoin's price will be determined by a prediction market on Robinhood. The market offers contracts based on the CF Benchmarks' Real Time Index (RTI) prices, with payouts for correct predictions.

The contract resolution will use the average of 60 RTI prices collected at the last minute before expiration. If the price reaches $56,200 or above by 8pm EDT, owners of corresponding contracts will receive a payout. Similar conditions apply to other price targets, including $56,800 and $63,700.

Futures and options trading on Bitcoin involves significant risk and may not be suitable for everyone. The event contract is offered by Robinhood Derivatives, LLC through various exchanges.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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