BTC Price Prediction Market Opens on Robinhood
Risk-takers are placing bets on Bitcoin's price at a specific time and date. According to Robinhood, users can wager on whether BTC will reach $84,500 or above by October 4, 2026, at 5 pm EDT. The market is based on CF Benchmarks' Real Time Index (RTI), which collects 60 prices in the last minute before expiration. The final value is the average of these RTI prices.
The contract resolution and payout are also outlined by Robinhood. If a user's prediction is correct, they will receive $1 for every contract owned. Alternatively, users can close their positions before the event resolves.
Risk warnings and trading prohibitions are noted in the contract terms and conditions. Persons employed by Source Agencies or holding material non-public information on Bitcoin are not permitted to trade on the Contract.