Robinhood Sets Target Price for Bitcoin on Sept 1, 2026

The crypto prediction market on Robinhood has set a target for the price of Bitcoin (BTC) on September 1, 2026 at 8pm EDT. According to the market, there is a 85% chance that the price will be above $77,400. Additionally, there is a 17% probability that it will reach or exceed $77,500.

The contract uses CF Benchmarks' Real Time Index (RTI) to determine the outcome, with 60 RTI prices collected at the last minute before expiration. The final value is the average of these prices. Participants can receive a payout if their prediction is correct, but must be aware that additional fees apply.

It's worth noting that trading on this contract comes with restrictions and eligibility requirements, including limitations for persons employed by certain agencies or those holding material non-public information on the underlying asset.