Robinhood Sets Bitcoin Price Ranges for September 2026 Event

On September 5, 2026, at 5am EDT, the price of Bitcoin is expected to be within certain ranges according to a prediction market on Robinhood. The platform offers contracts that pay out based on the outcome of the event, with $1 for every contract owned if the prediction is correct. The price range for these contracts is set between $79,600 and $79,699.9967¢, another range is from $79,500 to $79,599.9926¢, and a third one goes from $79,700 to $79,799.999¢. The event timeline indicates that the contract resolves within 1 hour of the event's resolution time, with trading hours available 24/7 except for Thursday between 3am-5am ET. The Robinhood Derivatives platform uses CF Benchmarks' Real Time Index (RTI) to determine the price used in these contracts, collecting 60 RTI prices at the last minute before expiration and averaging them to get the final value.