Robinhood Predicts Bitcoin's Price on September 10, 2026
The cryptocurrency market has a new prediction contract on Robinhood's derivatives platform. The contract, which expires on September 10, 2026 at 5pm EDT, asks traders to predict the price of Bitcoin (BTC) at that time. The possible outcomes and corresponding probabilities are as follows: $77,750 or above (62%), $78,000 or above (53%), $78,250 or above (47%).
The contract uses CF Benchmarks' Real Time Index (RTI) to determine the final price of Bitcoin. 60 RTI prices are collected at the last minute before expiration, and the official and final value is the average of these prices.
Traders can either close their position before the event resolves or wait for the outcome. If their prediction is correct, they will receive a payout usually within one hour of the event resolution. However, it's essential to note that trading involves significant risk and may not be suitable for everyone.