Robinhood Sets $84,250 BTC Price Target for October 2026

The Bitcoin price prediction market on Robinhood has set a target for October 3, 2026, at 5pm EDT. The platform predicts that the price of BTC will be $84,250 or above, with a probability of 60 cents. If the price reaches this level, traders who bet on it will receive a payout.

The prediction market uses CF Benchmarks' Real Time Index (RTI) to determine the official and final value of the Bitcoin price. The index collects 60 RTI prices at the last minute before expiration and calculates the average as the final value.

Traders can participate in this market by placing a bet on whether the price will reach $84,250 or above. They can also close their position before the event resolves to avoid potential losses. The platform warns that futures, options, and cleared swaps trading involves significant risk and is not suitable for everyone.