Robinhood Sets Sights on Bitcoin Price in 2026 Prediction Market
A new prediction market on Robinhood has set its sights on Bitcoin's price on September 9, 2026. The predicted outcome is that the price of BTC will fall within three specific ranges: $79,200 to 79,299.9923¢, $79,300 to 79,399.9921¢, and $79,100 to 79,199.9919¢.
The market uses CF Benchmarks' Real Time Index (RTI) to determine the official price of Bitcoin. This is done by collecting 60 RTI prices at the last minute before expiration and averaging them out.
Traders can either predict the outcome correctly and earn $1 for every contract they own, or close their position before the event resolves. However, it's worth noting that trading involves significant risk and may not be suitable for everyone.