Bitfarms LongI see a good opportunity here with Bitfarms.
It’s been holding this level very well amidst the strong volatility.
It is a 1:31.5 risk to reward opportunity
Probability rating 5/10
Risk to reward rating 10/10
Overall rating 7.5/10
Key facts today
−593.274 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.
$BITF - Time to BuyFor those of you looking to capitalize on NASDAQ:BITF you may want to add to your position, or start accumulating for the first time.
Posting a fresh idea here for NASDAQ:BITF now that the bottom should be in.
Bitfarms - Now or neverIf Bitfarms closes below 1.37 on a weekly candle it would be a major sign that Bitcoin has peaked.
I don’t think this is likely but I do think this will be the final chance to go long on Bitfarms as this is a major support level between 1.37 and 1.75.
The opportunity is a 1:17.5R trade.
Trade qu
Long at 1.40 - might be too late to get in nowI realize that this one may be too late, but I went long NASDAQ:BITF at the close today. I can't resist a sale on miners, and while Bitcoin was down hard today, it was in sympathy with the market and not because of Bitcoin "fundamentals", such as they are (or aren't.
With BITSTAMP:BTCUSD down
Bitfarms LongIt’s been a while since my last analysis on BTC miners.
There is a strong chance Bitcoin has bottomed and combine that with a clear wedge pattern on Bitfarms after a bullish shift and it provides an opportunity which I think has a 25% chance of playing out.
It’s about a 54R trade.
If it doesn’t b
$BITF - Time to Shine?NASDAQ:BITF
This stock have been relatively unimpressive since its big rally in March 2024.
Bitfarms Ltd. NASDAQ:BITF presents a compelling bullish opportunity for investors as the company positions itself for significant growth. Despite underwhelming performance since its March 2024 rally, r
$BITF - Bottom In?Hello Friends,
For those of you looking to capitalize on NASDAQ:BITF you may want to add to your position, or start accumulating for the first time.
Posting a fresh idea here for NASDAQ:BITF now that the bottom should be in.
Keeping with the Bullish narrative of CRYPTOCAP:BTC we can assume
BITF upside and targetsBitcoin mining companies have not taken off yet as many suspected, although many look bullish. However, the cost of mining a Bitcoin has gone up to roughly 90k, possibly explaining why Bitcoin miners haven’t gone up in value.
BITFARM - lowest against HUT+MARA+CLSKBitfarm was unable to maintain its long-standing relationship with its competitors:
HUT 8; MARA; CLSK
This relationship was maintained for a long time but was recently overtaken by the improvement of its rivals while Bitfarm continues to decline, in the background we see that its relationship agai
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Summarizing what the indicators are suggesting.
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Moving Averages
Neutral
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Moving Averages
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Displays a symbol's price movements over previous years to identify recurring trends.
Curated watchlists where BITF is featured.
Cryptocurrency stocks: Stacking satoshis
17 No. of Symbols
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