Robinhood Traders Bet on Bitcoin Price Ranges Ahead of September 24 Deadline
Rather than predicting Bitcoin's future price on September 24, 2026 at 9pm EDT, traders are actually betting on a range of possible prices using Robinhood's crypto prediction market. The platform shows three potential price ranges: $84,500 to $84,599.9925¢, $84,600 to $84,699.9924¢, and $84,400 to $84,499.9922¢.
The contract resolves based on the corresponding Real Time Index (RTI) from CF Benchmarks, which takes the average of 60 collected prices at the last minute before expiration. If a trader's prediction is correct, they get $1 for every contract owned; otherwise, they can close their position beforehand or incur additional fees.
Robinhood emphasizes that trading involves significant risk and may not be suitable for everyone, citing restrictions on certain individuals and entities, including those with material non-public information about the Underlying. Live data is provided for informational purposes only and might be delayed or incorrect.