Robinhood Prediction Market Sees 28% Chance for Bitcoin Price Above $83,900
Ryan has placed a bet that the price of Bitcoin will reach $83,900 or above by September 30, 2026 at 9am EDT. The prediction market on Robinhood offers a range of prices with corresponding probabilities: $83,700 or above is given a 64% chance, while $84,000 or above has only a 17% chance.
The price used to determine this market is based on CF Benchmarks' Real Time Index (RTI), which collects and averages the last minute of prices before expiration. This ensures that the final value is as accurate as possible. The contract resolves within one hour of event resolution, with payouts typically made within an hour.
The terms and conditions for this market are clear: no material non-public information may be used to trade on the contract, and persons employed by the Source Agencies are not permitted to participate. Additional fees apply for early closure or incorrect predictions.