Robinhood's Bitcoin Price Prediction Market Sets October 2026 Target

The prediction market on Robinhood offers a chance for traders to guess the price of Bitcoin (BTC) on October 1, 2026 at 6am EDT. The possible outcomes are divided into several tiers, with higher prices corresponding to higher payout percentages. If the price reaches or exceeds $83,500, owners of contracts will receive 60 cents per contract. On the other hand, if the price stays below $83,400, traders who own contracts will not receive a payout.

The prediction market uses data from CF Benchmarks' Real Time Index (RTI) to determine the final value. This index is based on 60 RTI prices collected at the last minute before expiration. The official and final price is the average of these prices, which will be used to settle contracts.

It's essential for traders to understand that this market involves significant risk and may not be suitable for everyone. Additionally, there are restrictions in place, including a prohibition on trading for persons employed by certain agencies or holding material non-public information.