BITF linked with BTC performance and may achieve good targetsBITF linked with BTC performance and may achieve good targets
Incase of the down trendline has broken, we may see new big target achieved as marked in the chart
Key facts today
Next report date
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Report period
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EPS estimate
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Revenue estimate
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−0.46 CAD
−140.42 M CAD
197.55 M CAD
362.99 M
About BITFARMS LTD
Sector
Industry
CEO
Benjamin Gagnon
Website
Headquarters
Toronto
Founded
2017
FIGI
BBG00PGSF8L8
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.
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.
$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
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Frequently Asked Questions
The current price of BITF is 2.87 CAD — it has decreased by −2.89% 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 NEO exchange BITFARMS LTD stocks are traded under the ticker BITF.
BITF stock has fallen by −18.16% compared to the previous week, the month change is a 7.86% rise, over the last year BITFARMS LTD has showed a 83.65% increase.
We've gathered analysts' opinions on BITFARMS LTD future price: according to them, BITF price has a max estimate of 9.85 CAD and a min estimate of 3.24 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 14.70% volatile and has beta coefficient of 2.15. 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 1.37 B, it has increased by 6.29% 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 Mar 19, 2025. Keep track of upcoming events with our Earnings Calendar.
BITF earnings for the last quarter are −0.11 CAD per share, whereas the estimation was −0.11 CAD resulting in a 0.00% surprise. The estimated earnings for the next quarter are −0.04 CAD per share. See more details about BITFARMS LTD earnings.
BITFARMS LTD revenue for the last quarter amounts to 60.69 M CAD, despite the estimated figure of 62.62 M CAD. In the next quarter, revenue is expected to reach 82.18 M CAD.
BITF net income for the last quarter is −49.99 M CAD, while the quarter before that showed −36.39 M CAD of net income which accounts for −37.35% 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.
As of Nov 21, 2024, the company has 170.00 employees. See our rating of the largest employees — is BITFARMS LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. BITFARMS LTD EBITDA is 49.55 M CAD, and current EBITDA margin is 12.36%. 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 strong sell today, and its 1 week rating is sell. 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 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.