Are you displaying data in a graph? If so, use the Invoke node "Get Image" for the graph. Then use the image to file vi ( Can choose BMP,JPEG,PNG file formats) VI is found on graphics format pallet.
I need to create a complex bitmap dynamically. It does not exist.
Does the data type change or how you want your displayed bitmap change? If it does not you can have a hidden control by moving it off the visible front screen. If you need to create a true picture dynamically you can use the Graphics and Sound Pallet to draw the image. Use Ni example finder and see the Robot.vi - Simulates a robot arm in a picture control.