BITF / DailyNASDAQ:BITF — 📊 Technical Update (Daily)
As outlined in prior analyses of $BitfarmsLtd., this week Minor Wave 3 completed its extension precisely at the projected Fibonacci target of $6.60.✨
As anticipated, Minor Wave 4 has begun its corrective pullback — currently reflecting a 30% decline, and li
Key facts today
Jane Street has become the largest stakeholder in Bitfarms, enhancing its position in the cryptocurrency mining sector.
−900 ARS
−49.50 B ARS
176.62 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.
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BITF / DailyNASDAQ:BITF — 📊 Technical Update (Daily)
As anticipated, Minor Wave 4 unfolded a sharp zigzag retracement, reflecting a 44% total decline, fully aligning with prior expectations — finding support precisely at the apex of the equivalence lines.
From here, the broader Intermediate Wave (3) advance i
Bitfarms Breaks out of Mulit-year resistanceIf you saw my post on Hive, you'll notice this chart looks almost identical to the Hive chart. Bitfarms has broken out of a multi-year resistance and is now testing the trendline as support, this is on the weekly timeframe. Very bullish as long as bitfarms stays above the trendline
BITF / DailyNASDAQ:BITF — 📊 Technical Update (Daily)
As outlined in the prior analysis on $BitfarmsLtd daily chart (posted Oct. 13), Minor Wave 3 completed its extension precisely at the projected Fibonacci target of $6.60.✨
Today, Minor Wave 4 has initiated a pullback as expected — currently reflecting an 1
Weekly Chart Review | Oct 6-10, 2025I wasn’t able to post my analysis on TradingView last week, so here’s a structured summary of my ticker reviews from Oct 6–10, segmented by sector with brief commentary. Each includes an update on trend structure and a link to both the original chart and the latest revision as of Friday’s close.
T
BITF / DailyNASDAQ:BITF — 📊 Technical Update (Daily)
Bitfarms Ltd. surged +28.33% — Rally of the day📈 — extending Minor Wave 3 into its 5th subwave, as anticipated.
The extension of the Minute Wave ⓥ of Minor 3 remains in progress, with a Fibonacci target at $6.60 🎯.
Upon completion of Minor Wave 3, a Mino
Is the breakout in $BITF sustainable? Is the breakout in NASDAQ:BITF sustainable?
After we saw names like CIRF and IREN rage due to the potential use mining setups for AI data center and infrastructure. Could this name get a sympathy move to $4?
Already up a bunch from the lows but I think there is further upside. Idea invalidated
BITF — Swing Trade Breakdown (TSX: BITF)🏢 Company Snapshot
Bitfarms Ltd. (TSX: BITF) is a Canada-based bitcoin mining and compute-infrastructure operator with facilities across Canada, the U.S., Paraguay, and Argentina.
The stock has gained attention recently due to surging crypto-mining sentiment and a sharp technical breakout.
📊 Funda
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Neutral
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Neutral
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Neutral
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Strong sellStrong buy
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Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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