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Bitcoin Price Test Looms on August 18, 2026: $64,000 at Stake

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The price of Bitcoin is about to face a crucial test on August 18, 2026, at 6am EDT. According to Robinhood Derivatives, LLC, the market will determine whether BTC's price will reach or surpass $64,000. If it does, owners of contracts predicting this outcome will receive a payout.

The price used for determination is based on CF Benchmarks' Real Time Index (RTI). At the last minute before expiration, 60 RTI prices are collected, and the official value is the average of these prices. Those who own contracts will receive $1 for every contract they own if their prediction proves correct.

However, it's essential to note that trading on this event involves significant risk and may not be suitable for everyone. According to the terms and conditions, certain individuals, such as those employed by Source Agencies or holding material non-public information on Bitcoin, are prohibited from trading on the contract.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. 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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