Robinhood Sets Price Targets for Bitcoin in October Prediction Market

The Crypto Prediction Market on Robinhood has set a target for the price of Bitcoin (BTC) on October 3, 2026, at 1pm EDT. The market is offering contracts with specific price targets: $84,700 or above ($0.95), $84,800 or above ($0.52), and $84,900 or above ($0.09). These prices are based on the CF Benchmarks' corresponding Real Time Index (RTI) and will be determined by taking the average of 60 collected RTI prices at the last minute before expiration.

The contract resolution will occur within one hour after the event day, October 3, 2026. Participants can either close their positions before the event resolves or wait to see if their prediction is correct and receive a payout of $1 for every contract owned. The terms and conditions outline restrictions for trading, including prohibitions for individuals employed by certain agencies or holding material non-public information on the underlying asset.

It's essential to note that futures, options on futures, and cleared swaps trading involves significant risk and may not be suitable for everyone. The market is operated by Robinhood Derivatives, LLC through various exchanges, including KalshiEX LLC and North American Derivatives Exchange, Inc.