Robinhood Sets Bitcoin Price Targets for August 2, 2026
The prediction market on Robinhood Derivatives, LLC has set a target for the price of Bitcoin (BTC) at 7pm EDT on August 2, 2026.
According to the market, if the price of BTC is $63,300 or above, owners of contracts can receive a payout of 99¢ per contract. If the price reaches $64,300 or above, they will receive 2¢ per contract for each dollar bet.
The prediction market uses CF Benchmarks' Real Time Index (RTI) to determine the final value, which is calculated by averaging 60 RTI prices collected at the last minute before expiration. This ensures that the outcome of the contract is based on a fair and accurate assessment of the current market price.
The event contracts are offered through KalshiEX LLC, ForecastEX, LLC or Rothera Exchange and Clearing LLC, but persons employed by these agencies or those with material non-public information about Bitcoin are prohibited from trading.