Robinhood Predicts Bitcoin Price Targets for August 28, 2026
The Bitcoin price on August 28, 2026 at 3pm EDT will be determined by Robinhood's Crypto Prediction Market. According to the market, there are several possible price targets for BTC. If the price reaches $77,400 or above, the payout is 97¢ per contract owned. For a price of $77,500 or above, the payout increases to 44¢ per contract. In contrast, if the price drops below $77,300, the payout is 99¢ per contract.
The market uses CF Benchmarks' corresponding Real Time Index (RTI) to determine the official and final value of the Bitcoin price. This value is calculated as the average of 60 RTI prices collected at the last minute before expiration. Trading hours for this market are 24 hours a day, except on Thursdays from 3am-5am ET.
Robinhood Derivatives, LLC offers event contracts through various platforms, including KalshiEX LLC, ForecastEX, LLC, and Rothera Exchange and Clearing LLC. However, traders should be aware that trading futures, options on futures, and cleared swaps involves significant risk and may not be suitable for everyone.