Robinhood Prediction Market: 89% of Users Believe BTC Will Hit $63,500 by August 2026
The cryptocurrency prediction market is allowing users to bet on the price of Bitcoin (BTC) at a specific time in the future. According to Robinhood, the current prediction market for BTC's price on August 12, 2026 at 3am EDT shows that 89% of users believe it will be $63,500 or above. This is based on the CF Benchmarks' Real Time Index (RTI) prices, which are collected in real-time and used to determine the final outcome.
The contract for this prediction market has a payout system where users who own contracts that correctly predict the price at 3am EDT will receive $1 for every contract they own. However, users can also close their positions before the event resolves, which comes with additional fees. The trading hours for this contract are 24 hours a day, except for Thursday from 3AM-5AM ET.
The official and final value of the price is determined by taking the average of 60 RTI prices collected at the last minute before expiration. This system aims to provide an accurate representation of the market's expectation of BTC's price in the future.