Robinhood Sets Bitcoin Price Target for August 2026
The Robinhood Crypto Prediction Market has set a target price for Bitcoin (BTC) on August 30, 2026 at 4pm EDT. The market offers contracts with different payout ranges based on the price of BTC at that time. If the price is $78,900 or above, those who own contracts can earn up to 72 cents per contract.
Other payout ranges include $79,000 or above (39 cents), $79,100 or above (14 cents), and $79,200 or above (7 cents). The final value used to determine the outcome is the average of 60 Real Time Index prices collected at the last minute before expiration.
The event contract is offered by Robinhood Derivatives, LLC through various exchanges. It's essential for traders to carefully consider their financial circumstances and the risks involved in trading derivatives.