Bitfarms Ltd owns and operates blockchain farms that power the global decentralized financial economy. It provides computing power to crypto currency networks such as Bitcoin, Bitcoin Cash, Ethereum, Litecoin and Dash, earning fees from each network for securing and processing transactions. The company was founded on October 11 2018 and is headquartered in...
BITF formed AB=CD shape and rebounced from target at $4.3 and achieved Target 1 at $5.5. If it breaks target 1 then next target would be $6.3.
BitFarms is a Bitcoin mining company that IPO on the Nasdaq this past year. They have 5 different plants all located in Canada. One thing to note is their use of clean energy, which has been a heavy conversation for quite some time. For comparison RIOT and MARA were around this sub 10$ range about a year ago. Now both trade around 30-40 with highs near the 60s....
The Bitcoin mining business is in a great position as investments have paid off and now that BTC is on the move for the final rush of the 4 year halving cycle the profitability of these mining firms will be solidified. Very few newer faster miners available because of the Chinese crackdown and semiconductor shortages. Very hard to find mining equipment. These...
Swing long to target $20-25 before the end of this year
Bull flag pattern in an ascending channel with indicators pointing higher tells me that a move to $15-20 is possible this year
BITF has been on my radar for a few weeks now and have been waiting for a good entry point. With SPRT and BTBT breaking out i believe BITF will follow as well. Daily chart shows a bullish flag playing out, and if you take a look at the candlesticks you can see how it is trading within the flag. Volume seems to go down as well, while the MACD is closing red getting...
Absolutely possible BITF prices if bitcoin prices fall. If this offends you might have confirmation bias this is not meant to offend. :)
got fucked up with the first long so i am gonna try it again... hopefully it doesn't break down that blue line and hope this bullrun of the crypto continues without some stupid news of the feds, and the mixer getting convicted.
if bitcoin rally continues, this stocks will have a drastic increase in price since it controls 1 percent of bitcoin mining with a sustainable energy. if this company's true intent is really true, then it should play out very good. better than some alcoins for sure.
BITF should expect very strong support at $6.27 range. This is a Major trend fib (0.618) and highs from previous peaks. If this fails more downside will occur. S/L below this level to protect gains.
Bitfarms Ltd., a blockchain infrastructure company, mines for cryptocurrency coins and tokens in North America. The company owns and operates server farms comprising computers that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. It also provides electrician services to commercial and...
BIT FARMS now trading at $7 and still anticipating a sell off wick to $5 or lower before the move above $10 and break ATH! I have this finishing on a 4.236 Fibonacci extension getting us close to $25, holding till $55 personally. RIOT and MARA ($37/35) are similar BTC mining companies to compare stock price with. Bit Farms is located in Canada and uses hydro...
massive breakout, increasing in btc price