Bloomberg’s Terminal has adjusted its display to quote Bitcoin in millions, marking a significant shift in how it is viewed as an asset. The current price stands at approximately 118,000 USD, with forecasts expecting it to reach between 220,000 USD and 1 million USD in the coming years.
Analysts foresee a potential price surge, advising that Bitcoin could escalate to anywhere between 1 million to 5 million USD by 2027 depending on market dynamics. The uptick in transactions indicates a healthy market engagement, supporting these bullish predictions.
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