Robinhood prediction market sets Bitcoin price targets for 2026
A prediction market on Robinhood is offering contracts for the price of Bitcoin (BTC) on October 7, 2026, at 2 a.m. EDT. The market allows traders to bet on whether the price will reach specific milestones, with varying probabilities assigned to each outcome. For instance, there is a 70-cent chance that BTC will be at or above $84,000, while the odds drop to 29 cents for a price of $84,200 or higher.
The contracts are based on CF Benchmarks' Real Time Index (RTI), which averages 60 prices collected in the final minute before expiration. Payouts occur within an hour of the event's resolution. Robinhood Derivatives, LLC, facilitates these event contracts through platforms like KalshiEX LLC and ForecastEX, LLC.
The market operates 24 hours a day, except for a two-hour maintenance window on Thursdays. Certain restrictions apply, including prohibitions for individuals with material, non-public information or those employed by source agencies. Additional fees apply for trading these contracts.