Robinhood Sets Bitcoin Price Target for August 9, 2026

The Robinhood derivatives platform has set a specific target for the price of Bitcoin on August 9, 2026 at 6pm EDT. According to the Crypto Prediction Market, the possible outcomes are: $64,800 or above (98¢), $65,100 or above (94¢), and $65,200 or above (3¢).

The platform will use CF Benchmarks' Real Time Index (RTI) prices to determine the outcome. The final value will be the average of 60 collected RTI prices at the last minute before expiration.

Participants can place their bets on one of these three outcomes and potentially earn $1 for every contract they own if their prediction is correct. However, traders should note that futures and options trading involves significant risk and may not be suitable for everyone.