Robinhood Sets Price Target for Bitcoin on August 29, 2026 at 3pm EDT

The Robinhood Crypto Prediction Market has set a price target for Bitcoin on August 29, 2026 at 3pm EDT. The market predicts that the price of BTC will be above $78,100 with an assigned probability of 47¢. However, it also shows probabilities for other price targets: $78,000 or above (75¢), $78,200 or above (22¢), and $78,800 or above (9¢). The contract resolves based on the CF Benchmarks' Real Time Index (RTI) prices collected at the last minute before expiration. The final value is determined by averaging 60 RTI prices.

Users can participate in this market by buying contracts with a minimum of $1 and potentially earning up to $1 for every contract owned if their prediction is correct. Those who hold material, non-public information on the underlying assets are not permitted to trade on the Contract.