Robinhood Prediction Market Sets $62K-$63K Price Target for Bitcoin in August 2026

A prediction market on Robinhood has set a price target for Bitcoin's value at a specific point in time. On August 1, 2026, at 4am EDT, the predicted range for BTC is between $62,900 and $63,099.997¢. The platform uses CF Benchmarks' Real Time Index (RTI) to determine the official price. Sixty RTI prices are collected before expiration, with the final value being their average.

The contract allows traders to predict whether Bitcoin's price will fall within a certain range. If a trader correctly predicts the outcome, they can earn $1 for every contract owned. However, there are restrictions and eligibility requirements that apply, including prohibitions on trading for persons employed by Source Agencies or those holding material non-public information.