Bloomberg Terminal Now Displays Bitcoin Prices in Millions—Is a Mega Rally Coming?

Wall Street's favorite data terminal just upgraded its Bitcoin price display—and traders are buzzing. The shift to millions suggests institutional players might finally be treating BTC like the scarce asset it is. Or maybe Bloomberg just got tired of counting all those zeros.

When the suits start speaking crypto's language, you know something's shifting. The move hints at growing mainstream acceptance—or at least a nod to Bitcoin's potential to hit seven-figure valuations. Either way, it's a stark contrast to the usual 'tulip mania' dismissals from legacy finance.

One thing's certain: If Bitcoin keeps eating zeros like this, even Jamie Dimon might need to update his PowerPoint slides.

Bitcoin Price | Bloomberg Terminal This does not go without notice, as it brings the vibes of a million-dollar valuation for Bitcoin to life. Furthermore, it not only highlights a tone switch from skepticism to belief but also brings to the notice of institutions using the platform that Bitcoin could attain the price level in the future. Notably, this scale switch has excited the cryptocurrency community. “Bloomberg knows precisely what’s coming sooner,” a user stated. Others also shared that it is a sign, and the million-dollar valuation is inevitable. This bullish perspective also aligns with the perspective of industry leaders, who have reacted to Bitcoin's persistent price upsurge. For context, Binance’s Changpeng Zhao called the current price a dip, suggesting that prices have further unprecedented prices to conquer. https://twitter.com/cz_binance/status/1943569289308459283 He noted that mathematical numbers have no limit, and governments would continue to print fiat. On the other hand, Bitcoin has a limited cap, a premise for more upside. Timeline for Bitcoin to Reach $1M Bitcoin to $1 million is a common price expectation among most market users. Analysts and enthusiasts have drummed this target so much that it no longer rings a bell. Nonetheless, the 746% price mark from the current standing will be a notable milestone for the pioneering cryptocurrency, once perceived as a bubble. Top market participants have predicted the timeline for Bitcoin to reach $1 million. For instance, Zhao projected that BTC will attain the price mark this cycle. He noted that an extended bull cycle would ensure Bitcoin hits between $500,000 and $1 million. Brandon Green also shares a similar sentiment, suggesting the bull cycle would extend to 2026 or 2027. During this market phase, he predicted that Bitcoin would reach $1 million, specifically in late 2026 or early 2027. Meanwhile, Rich Dad Poor Dad author Robert Kiyosaki predicted that Bitcoin would hit $1 million by 2030. In view of this price explosion, he had incessantly advocated exposure to Bitcoin.