Robinhood Predicts $78,500+ Bitcoin Price for August 2026
Robinhood's Crypto Prediction Market is offering a contract that predicts the price of Bitcoin on August 22, 2026, at 12am EDT. The contract uses data from CF Benchmarks' Real Time Index (RTI) to determine the final price. If the price of BTC reaches $78,500 or above at the specified time, those who own the contract will receive a payout.
The contract resolution process involves collecting 60 RTI prices in real-time before expiration and calculating the average value. This average is used as the official and final price for determining payouts. The contract allows traders to close their positions before the event resolves, but additional fees apply.
It's worth noting that trading prohibitions apply to certain individuals, including those employed by Source Agencies or holding material non-public information on Bitcoin. Traders should carefully consider their personal financial circumstances and understand the risks involved in futures and options trading.