Hi Folks Bitfarms has been really struggling for the last few months yes it has made some gains here and there but nothing compared to it's competitors such as Cleans park, Riot etc and has been overall bearish. Due to the recent FUD regarding the former CEO suing Bit farms for $28 million dollars the uncertainty is even higher for this miner. From my analysis we...
BITF at the bottom of the channel. Similar
Price action last halving, except this time we saw a lot of BTC growth prehalving, so expecting movement to come soon.
Long term target around $14, expecting to occur sometime around March 2025
Hi folks given that Bit farms is under a bearish order block and is below VAH with the stochastic RSI falling I am expecting the price to touch the POC of around $1.60 where buyers should step back in. I believe a shakeout is taking place so the big institutions can buy at better prices probably the POC level before the price turns bullish again which it should...
BITFARMS LTD (BITF) has, like the cryptocurrency market in general, experienced a bear market in recent years. However, with the halving approaching, things are looking brighter for Bitfarms.
From May 2022 to December 2023, the stock has formed an inverse head and shoulders pattern, suggesting that buyers have the upper hand while sellers have lost momentum. This...
On the 15 minute chart BITF did 25% this week as Bitcoin climbed over 45,000. It is running hard
with lots of its peers. IF BTCUSD trades up all weekend there will be continuation. The best
options which closed Friday afternoon did 5X overnight, some of the peer's had 5-13X.
The RSI indicator and ZL MACD are supportive. the Stochastic adjusted to a period of...
Bitfarms Bullish
I am not a financial advisor. This is not meant to be and does not constitute financial, investment, trading, or any other types of advice or recommendation.
Bitfarms Bullish
I am not a financial advisor. This is not meant to be and does not constitute financial, investment, trading, or any other types of advice or recommendation.
I dont know much about this miner, so I cant quite speak about anything more than what im seeing on the charts.
But from what I see here reminds me of MARA where it is finding some support at the upper value area of the previous range.
You also have the 100 Day moving average right below, as well as the previous range point of control. This range is between...
breakdown in the chart but looking to continue the breakout to the upside and using FEB/09 calls as my vehicle to achieve my TGT looking for a dollar push before EOM into the 4's
BItfarms is another Bitcoin miner that is having huge volume surge and broke through previous resistance.
It tested support yesterday and I would trail my stop just below 2.13.
BItfarms have invested heavily into newer machines to tackle Bitcoin halving and they are expanding into Paraguay. The location is well thought out as Paraguay has better governance when...
I know I told u to buy #BITCOIN miners
not #BTC
the miners will make u the money in a bull run
still got multiples left in it.
how many multiples left in bitcorn
2.5X? 3X?
Bitfarms secures C$60M investment from U.S. investors, fueling cryptocurrency mining expansion and growth.
Bitfarms, a Canadian Bitcoin mining company, has secured a substantial investment of C$60 million. This influx of capital comes from U.S. institutional investors, marking a significant boost for the company’s operations. The funds are earmarked for strategic...
