Robinhood Sets Target Price of $83,500 for Bitcoin on September 29, 2026

A recent prediction market on Robinhood has sparked interest in the cryptocurrency world. The prediction market is for the price of Bitcoin on September 29, 2026 at 3pm EDT. According to the contract, if the price reaches $83,500 or above, owners of a certain contract will receive 87 cents per contract.

The prediction market uses CF Benchmarks' corresponding Real Time Index (RTI) to determine the outcome. The final value is the average of 60 RTI prices collected at the last minute before expiration.

Those who own contracts and make accurate predictions can earn rewards, but there are also trading prohibitions in place. Persons employed by certain agencies or holding material non-public information on Bitcoin are not permitted to trade.