Robinhood Predicts Bitcoin to Hit 86500 by 2026
Robinhood has introduced a prediction market for the price of Bitcoin (BTC) on October 4, 2026, at 10 PM EDT. The platform allows users to bet on whether the price will hit specific targets, with the majority of the market currently favoring a price of $86,500 or above.
The prediction market offers various price thresholds, including $86,600 or above at 99 cents, $87,200 or above at 2 cents, and $86,700 or above at 1 cent. The price used to determine the outcome is based on CF Benchmarks' Real Time Index (RTI), with the final value calculated as the average of 60 RTI prices collected in the last minute before expiration.
Participants can earn $1 for every correct contract they own or choose to close their position before the event resolves. However, additional fees may apply, and the platform outlines trading prohibitions for those with material, non-public information or who are employed by certain agencies.
Robinhood Derivatives, LLC offers these event contracts through various exchanges, including KalshiEX LLC and ForecastEX, LLC. The platform emphasizes that trading involves significant risk and is not suitable for everyone, with live data provided for informational purposes only.