Robinhood Sets Price Target for BTC at $78,200 on August 21, 2026
The prediction market on Robinhood has set a price target for Bitcoin (BTC) at Aug 21, 2026 at 8pm EDT. The possible outcomes and their corresponding prices are as follows: $78,200 or above is valued at 73¢, while $78,300 or above is priced at 56¢, and $78,400 or above is worth 33¢. For those who think the price will be lower, $78,100 or above is valued at 88¢, with decreasing prices for each increment.
The contract used to determine this market is based on CF Benchmarks' corresponding Real Time Index (RTI). The final value will be the average of 60 RTI prices collected in the last minute before expiration. Participants can either predict the outcome and receive a payout or close their position before the event resolves.
It's essential to note that trading prohibitions apply, including restrictions for employees of certain agencies and individuals holding material non-public information on the underlying asset.