Robinhood Launches Bitcoin Price Prediction Market for 2026

Robinhood has launched a prediction market for the price of Bitcoin (BTC) on October 6, 2026, at 11 PM EDT. The platform allows users to speculate on whether the price will hit specific milestones, with current odds favoring BTC reaching $84,000 or above at 53 cents per contract. Higher price targets, such as $84,100 or above, are priced at 42 cents, while $84,200 or above is at 30 cents.

The prediction market operates 24 hours a day, except for a brief maintenance window on Thursdays from 3 AM to 5 AM ET. The final price will be determined by averaging 60 Real Time Index (RTI) prices collected just before the contract expires. Payouts are typically made within an hour of the event's resolution, with users receiving $1 for every correct prediction or the option to close their positions before the event.

Robinhood emphasizes that trading involves significant risk and is not suitable for everyone. Additional fees apply, and there are restrictions on who can trade, including those employed by source agencies or holding material, non-public information. The platform also notes that live data may be delayed or incorrect and is for informational purposes only.