Robinhood Traders Bet on BTC Price in 5-Year Prediction Market
The Robinhood crypto prediction market is offering traders the chance to bet on the price of BTC on August 24, 2026 at 1am EDT. The market allows users to buy contracts that pay out if the price reaches specific targets.
According to the market, a contract pays out $1 for every contract owned if the price of Bitcoin is $77,000 or above. If it's between $76,900 and $77,000, a payout of 60 cents per contract is triggered. The prices increase incrementally up to $77,300, with payouts ranging from 74 cents to $17.
The market resolution uses the CF Benchmarks' Real Time Index (RTI) to determine the final price, collecting 60 RTI prices at the last minute before expiration and averaging them to find the official value. Traders can choose to close their positions before the event resolves or wait for the outcome.