Robinhood Sets Price Target for Bitcoin on September 16, 2026
The prediction market on Robinhood has set a price target for Bitcoin (BTC) on September 16, 2026 at 2pm EDT. According to the contract, the price of BTC will be above $75,600, with specific targets including $78,000 or above and $75,700 or above.
The price used to determine this market is based on CF Benchmarks' corresponding Real Time Index (RTI), which collects 60 RTI prices at the last minute before expiration. The official and final value is the average of these prices.
Those who own contracts that correctly predict the outcome will receive a payout, usually within an hour of event resolution. However, it's essential to note that trading prohibitions apply to certain individuals, including those employed by Source Agencies or holding material non-public information on the Underlying.