Robinhood Sets Bitcoin Price Target for September 2026
The crypto prediction market on Robinhood has set a target for Bitcoin's price on September 8, 2026 at 2pm EDT. According to the contract, the price of BTC will be determined by CF Benchmarks' Real Time Index (RTI). The final value is calculated as the average of 60 RTI prices collected in the last minute before expiration.
The contract offers payouts for correct predictions: $1 per contract if the prediction is correct. Traders can also close their positions before the event resolves, but additional fees apply. It's worth noting that certain individuals are prohibited from trading on this contract due to employment or material non-public information.