Bitfarms $BITF swing long term analysis Weekly demand imbalance is playing out as expected on BitFarms stock. A new imbalance is being created again around $2. Clear long term trade opportunity playing out with #bitcoin breaking all-time high.
Key facts today
−848.903 ARS
−30.63 B ARS
43.09 B ARS
About BITFARMS LTD
Sector
Industry
CEO
Benjamin Gagnon
Website
Headquarters
Toronto
Founded
2017
ISIN
ARCAVA4601G7
FIGI
BBG018YVYXQ7
Bitfarms Ltd. (Canada) engages in the business of mining cryptocurrency. The firm is also involved in the ownership and operation of server farms comprised of computers designed for the purpose of validating transactions on the Bitcoin blockchain. The company was founded by Emiliano Joel Grodzki and Nicolas Bonta in 2017 and is headquartered in Toronto, Canada.
$BITF Breakout of Bull PennantBITF planned to release earnings on same date as estimated trend reversal to boost SP to the moon, and breaking the bull pennant and sky rocket to previous high...
BITF chart idea (potentially 6 - 8 dollars) NFAHello Tradingview community!
Here is a chart idea on NASDAQ:BITF
Early 2025 (Q1-Q2) my target: 6.5 - 8 dollars
EOY target: 3 - 4 dollars
BEAR target (if Bitcoin dumps hard) 1 - 1.25 dollars
NFA DYOR) I may DCA some soon.
(Sorry for the small detailed description, I don't have ti
$BITF #BITF #BITFARM showing reversal along other cryto miningCrypto mining stocks showing signs of reversal (or have begun)
One of those being Bitfarm. Upside shows great potential and currently, all indicators show a green light.
Micro = $5
Macro= $15+
Inverse H&SMore or less a picture perfect Inverse Head & Shoulders may be on its merry way to print on the daily chart.
Volume is also fizzeling out on the head and shoulders so not much interest in selling in to it further.
Waiting for confirmation on breakout + retest of the neckline as support.
BITF -Bitcoin Mining Company - Huge Expansion PlansBitfarms Ltd engaged in the cryptocurrency Mining industry mainly consists of selling its computational power used for hashing calculations for cryptocurrency mining in multiple jurisdictions. Its geographic operations are currently located in Canada, the United States, Argentina, and Paraguay. It o
Break of Structure/New Uptrend The stock broke out of the down trend and then retested the level by making a higher low, followed by higher high. Fragmented EMA is now also showing an uptrend. It has made a significant pullback and made expecting it to go to around $3.18, with the stop at $2.13.
BITF 7/21 2.5C/3C - $3.78 TPShort term options trade idea
1. HTF Bullish Chart Structure
- 3D and 1W bullish engulfing bars, 1M bullish reversal bar
- Higher-High, Higher-Low bullish structure from January to March
- Textbook bottoming/reversal pattern during April/May suggesting a
BITF 100% gain incomingBITF at the bottom of the channel. Similar
Price action last halving, except this time we saw a lot of BTC growth prehalving, so expecting movement to come soon.
Long term target around $14, expecting to occur sometime around March 2025
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
Curated watchlists where BITF is featured.
