Robinhood Sets Bitcoin Price Targets for August 28, 2026
The prediction market on Robinhood has set a target for the price of Bitcoin (BTC) on August 28, 2026 at 8pm EDT. According to the source, the predicted prices range from $77,700 to $77,799.9928, with other ranges slightly lower and higher.
The prediction market uses data from CF Benchmarks' Real Time Index (RTI) to determine the outcome of the contract. The official price is calculated by averaging 60 RTI prices collected at the last minute before expiration.
For those who own a contract, getting it right will earn them $1 per contract, or they can close their position before the event resolves. However, trading prohibitions apply to persons employed by certain agencies and those with material non-public information on Bitcoin.