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
Next report date
—
Report period
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EPS estimate
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Revenue estimate
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−0.18 CAD
−74.06 M CAD
264.24 M CAD
403.59 M
About BITFARMS LTD
Sector
Industry
CEO
Benjamin Gagnon
Website
Headquarters
Toronto
Founded
2017
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.
$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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An aggregate view of professional's ratings.
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Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of BITF is 1.14 CAD — it hasn't changed 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 risen by 10.89% compared to the previous week, the month change is a −30.86% fall, over the last year BITFARMS LTD has showed a −55.81% decrease.
We've gathered analysts' opinions on BITFARMS LTD future price: according to them, BITF price has a max estimate of 5.55 CAD and a min estimate of 2.77 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 6.36% volatile and has beta coefficient of 1.71. 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 577.87 M, it has decreased by −8.62% 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 May 19, 2025. Keep track of upcoming events with our Earnings Calendar.
BITF earnings for the last quarter are 0.04 CAD per share, whereas the estimation was −0.06 CAD resulting in a 175.00% 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 80.82 M CAD, despite the estimated figure of 80.65 M CAD. In the next quarter, revenue is expected to reach 96.66 M CAD.
BITF net income for the last quarter is 21.21 M CAD, while the quarter before that showed −49.99 M CAD of net income which accounts for 142.42% 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 51.12 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 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 sell 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.