Foren & Soziale Netzwerke zur BITFARMS Aktie

 

Fractal from 2023 is suggesting we violently follow BTC on the next leg up. Everything looks ready to go.

Bitfarms 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 owns and operates server farms comprised of computers designed to validate transactions on the Bitcoin Blockchain. Besides this factor, Bitfarms has undertaken aggressive expansion plans. The Bitcoin miner reported a hash rate capacity of 10.4EH/s in Q1 2024. The company is aiming to boost capacity to 21EH/s by the end of the year and further to 35EH/s by 2025. Breakout Zone: $3.30 Action: If the stock breaks above this area with strong volume, it might signal a continuation of the upward trend. Resistance Points: $3.80 $4.50 (TP1) $5.00 $5.80 (TP2) Surpassing these levels could signal a positive trend. Consider taking profits at these stages to realize gains. Trading Strategy: Take Profit (TP): Target 4.5

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.