Robinhood Sets Bitcoin Price Targets for August 2026 Prediction Market
The crypto prediction market on Robinhood has set its sights on August 25, 2026. At that time, the price of Bitcoin will be determined to see if it reaches or surpasses certain thresholds. The contract uses CF Benchmarks' Real Time Index (RTI) prices, collecting 60 values at the last minute before expiration and taking their average as the official value. If the price is $77,300 or above, those who own a contract will receive 98 cents per unit.
Other price targets include $79,700 or above, which would yield 2 cents, and $78,600 or above, worth 99 cents. There are also lower targets at $77,200 or above, yielding 97 cents, and $77,300 or above, still worth 98 cents.
It is essential to note that trading on this contract comes with significant risks and may not be suitable for everyone. The restrictions and eligibility requirements apply, including prohibitions for those employed by Source Agencies or holding material non-public information on the underlying asset.