Robinhood Sets Target Price Range for Bitcoin on September 28, 2026
A recent prediction market on Robinhood set a target for Bitcoin's price at a specific point in time. The contract, which resolves on September 28, 2026 at 8pm EDT, predicts that the price of BTC will fall within a narrow range. According to the source, the expected prices are between $83,400 and $83,499.9999¢ for one possible outcome, $83,000 to $83,099.994¢ for another, and $83,500 to $83,599.993¢ for yet another.
The Robinhood Derivatives contract uses CF Benchmarks' Real Time Index (RTI) to determine the official price of Bitcoin. This index collects 60 RTI prices at the last minute before expiration and takes the average as the final value. If a trader's prediction is correct, they will receive $1 for every contract owned.
It's worth noting that trading on this contract involves significant risk, and it's not suitable for everyone. The contract terms and conditions outline restrictions and eligibility requirements, including prohibitions on trading by certain individuals with material non-public information.