Robinhood Prediction Market Sets Price Targets for Bitcoin on August 18, 2026
The Robinhood prediction market is offering a chance to bet on the price of Bitcoin (BTC) on August 18, 2026 at 5pm EDT. According to the market, there are four possible price ranges: above $63,750, above $64,000, above $64,250, and above $64,500. The payout for correctly predicting the price will be one dollar per contract owned.
The prices used to determine the outcome of the contract are based on CF Benchmarks' Real Time Index (RTI), which collects 60 RTI prices at the last minute before expiration. The official and final value is the average of these prices.
It's worth noting that trading prohibitions apply, including restrictions for persons employed by certain agencies or holding material non-public information on Bitcoin.