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
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−0.24 CAD
−74.06 M CAD
264.24 M CAD
525.06 M
About Bitfarms Ltd.
Sector
Industry
CEO
Benjamin Gagnon
Website
Headquarters
Toronto
Founded
2017
ISIN
CA09173B1076
FIGI
BBG00PGSF7X7
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 found support precisely at the apex of the equivalence lines✨, followed by Minor Wave 5, which has continued to surge — reflecting a 28.88%📈 total advance over two consecutive days, fully aligning with prior expectations!!
The
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 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
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
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
BITF / DailyNASDAQ:BITF — 📊Technical Update (Daily)
As depicted on the chart, the price sits just below the apex of the resistance equivalence lines, marking a near-term zone of pressure and potential reaction. Support is expected to emerge around the 0.236 Fibonacci retracement level over the next few sessi
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
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Frequently Asked Questions
The current price of BITF is 6.35 CAD — it has increased by 11.00% in the past 24 hours. Watch Bitfarms Ltd. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on TSX exchange Bitfarms Ltd. stocks are traded under the ticker BITF.
BITF stock has fallen by −3.58% compared to the previous week, the month change is a 76.99% rise, over the last year Bitfarms Ltd. has showed a 130.07% increase.
We've gathered analysts' opinions on Bitfarms Ltd. future price: according to them, BITF price has a max estimate of 9.82 CAD and a min estimate of 2.81 CAD. Watch BITF chart and read a more detailed Bitfarms Ltd. stock forecast: see what analysts think of Bitfarms Ltd. and suggest that you do with its stocks.
BITF reached its all-time high on Nov 10, 2021 with the price of 11.60 CAD, and its all-time low was 0.28 CAD and was reached on Oct 8, 2020. View more price dynamics on BITF chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
BITF stock is 10.53% volatile and has beta coefficient of 2.75. Track Bitfarms Ltd. stock price on the chart and check out the list of the most volatile stocks — is Bitfarms Ltd. there?
Today Bitfarms Ltd. has the market capitalization of 3.57 B, it has decreased by −30.66% over the last week.
Yes, you can track Bitfarms Ltd. financials in yearly and quarterly reports right on TradingView.
Bitfarms Ltd. is going to release the next earnings report on Nov 17, 2025. Keep track of upcoming events with our Earnings Calendar.
BITF earnings for the last quarter are −0.07 CAD per share, whereas the estimation was −0.02 CAD resulting in a −185.71% surprise. The estimated earnings for the next quarter are −0.03 CAD per share. See more details about Bitfarms Ltd. earnings.
Bitfarms Ltd. revenue for the last quarter amounts to 105.92 M CAD, despite the estimated figure of 113.14 M CAD. In the next quarter, revenue is expected to reach 122.72 M CAD.
BITF net income for the last quarter is −39.92 M CAD, while the quarter before that showed −51.47 M CAD of net income which accounts for 22.45% change. Track more Bitfarms Ltd. financial stats to get the full picture.
No, BITF doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Bitfarms Ltd. EBITDA is 23.55 M CAD, and current EBITDA margin is 19.37%. See more stats in Bitfarms Ltd. financial statements.
Like other stocks, BITF shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Bitfarms Ltd. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Bitfarms Ltd. technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Bitfarms Ltd. stock shows the strong buy signal. See more of Bitfarms Ltd. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.









