Robinhood Predicts Bitcoin Price to Reach $63,500 on July 29, 2026
Roland, the developer behind the Bitcoin (BTC) futures market on Robinhood's platform, predicts that the price of BTC will be above $63,500 on July 29, 2026, at 6 pm EDT. This prediction is based on a contract offered by Robinhood Derivatives, LLC through either KalshiEX LLC, ForecastEX, LLC, or Rothera Exchange and Clearing LLC.
The contract resolves the outcome of the price of BTC on that specific date and time. The price used to determine this market is based on CF Benchmarks' corresponding Real Time Index (RTI). At the last minute before expiration, 60 RTI prices are collected, and the official and final value is the average of these prices.
The contract offers a payout of $1 for every contract owned if the prediction is correct. However, it also comes with additional fees. It's essential to carefully consider whether trading on this contract is suitable for your personal financial circumstances.