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05-08

$Bitfarms Ltd.(BITF)$ ๐Ÿšจ๐Ÿค–๐Ÿ’ฐ From Satoshis to Stardom: Bitfarms Powers Up ๐Ÿ’ฐ๐Ÿค–๐Ÿšจ

Some call it noise. I call it nuance. A 0.01 USD gain may not turn heads, but in a game of satoshis and signals, itโ€™s often the whisper before the thunder ๐ŸŒฉ๏ธโšก๏ธ

Today, $BITF isnโ€™t just flirting with profitability, itโ€™s throwing side-eye at the entire mining sector. My unrealised one-cent gain? A poetic micro-victory. But under the surface, this tiger isnโ€™t sleeping. Itโ€™s coiling!

$BITF may be priced like a penny, but its fundamentals and structure are precision-engineered. This isn't just a mining stock. Itโ€™s a micro-cap machine with 15 sustainable Bitcoin data centres operating across four countries, producing 268 BTC this month alone. Thatโ€™s elite efficiency for a company trading under a $600 million valuation.

๐Ÿ“Š Technicals Roaring to Life

Across the board, the 4H setup is the cleanest in the miner pack. Hereโ€™s what the charts are showing:

โ€ข Harmonic deep crab pattern pointing toward Fibonacci extensions at $1.93, $2.11 and $3.00

โ€ข Price has broken through the Ichimoku cloud, flipping from red to green on 21 April

โ€ข RSI is curling upward from oversold, MACD has triggered a bullish crossover

โ€ข Volume is increasing on green candles, hinting at institutional accumulation

Looking back, Bitfarms rallied more than 800 percent from similar structural lows during previous crypto bull cycles. The current setup echoes the early stages of that explosive move.

๐Ÿ“ˆ Capital Flow and Market Sentiment

โ€ข Turnover has doubled over the past week, suggesting quiet accumulation

โ€ข Short interest remains low, creating room for a fast upside move on bullish BTC continuation

โ€ข Retail sentiment is shifting from neutral to accumulate as Bitcoin eyes $100,000 and beyond

๐Ÿ” Analyst Outlook and Earnings Catalyst

โ€ข Q1 2025 earnings scheduled for 14 May at 8:00 AM ET, before the market opens

โ€ข Expectations include strong BTC yield and lean cost-per-coin metrics

โ€ข TradingView consensus: 2 green circle buy ratings, 1 yellow circle hold, 0 red circle sell

โ€ข TipRanks ranks Bitfarms in the top decile for mining efficiency

๐Ÿ”ฎ Scenarios Ahead

๐Ÿ‚ Bullish Path (70 % probability):

Bitcoin maintains upward momentum, lifting $BITF toward Fibonacci targets of $1.23, then $1.93 and potentially $3.00 as miner capital rotations kick in.

๐Ÿปโ€โ„๏ธ Bearish Path (30 % probability):

If Bitcoin retraces below $90,000 and Bitfarms fails to hold $0.92, the stock may retest $0.80, especially if energy cost inflation or hash rate saturation returns.

๐Ÿ”Ž What to Watch

1. BTC production efficiency and cost-per-coin on earnings day

2. Breakout above $1.12 neckline for trend confirmation

3. Bitcoin ETF flows and hash rate trends among North American miners

๐Ÿง  Contrarian Insight

Most traders avoid micro-cap miners due to volatility. But volatility is a feature, not a bug. Bitfarms is debt-light, ESG-aligned, and structurally levered to institutional Bitcoin flows. This is where asymmetry lives.

From a one-cent tease to multi-dollar targets, $BITF isnโ€™t waiting for permission. The next leg might just be measured in Fibonacci, not cents! That's my 1 cent worth! 

๐Ÿ“ข Donโ€™t miss out! Like, Repost and Follow me for exclusive setups, cutting-edge trends, and insights that move markets ๐Ÿš€๐Ÿ“ˆ Iโ€™m obsessed with hunting down the next big movers and sharing strategies that crush it. Letโ€™s outsmart the market and stack those gains together! ๐Ÿ€

Trade like a boss! Happy trading ahead, Cheers, BC ๐Ÿ“ˆ๐Ÿš€๐Ÿ€๐Ÿ€๐Ÿ€

@Tiger_comments @Tiger_Earnings @TigerWire @TigerStars @TigerPicks @Daily_Discussion 

๐Ÿ’ฐ Stocks to watch today?(20 May)
1. What news/movements are worth noting in the market today? Any stocks to watch? 2. What trading opportunities are there? Do you have any plans? ๐ŸŽ Make a post here, everyone stands a chance to win Tiger coins!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Merle Ted
    05-08
    Merle Ted
    Sweet! Bitfarms is once again outperforming Bitcoin, MicroStrategy, and all other miners today.
    • Barcode
      ๐ŸŸง๐Ÿ…—๐Ÿ…๐Ÿ…Ÿ๐Ÿ…Ÿ๐Ÿ…จ โ“‰โ“กโ“โ““โ“˜โ“โ“– ๐Ÿ…๐Ÿ…—๐Ÿ…”๐Ÿ…๐Ÿ…“! ๐Ÿ…’๐Ÿ…—๐Ÿ…”๐Ÿ…”๐Ÿ…ก๐Ÿ…ข ๐Ÿ…‘๐Ÿ…’ ๐Ÿ€๐Ÿ€๐Ÿ€๐ŸŸง
    • Barcode
      ๐Ÿ™๐Ÿผ thanks for reading and sharing your insights ๐Ÿ€
    • Barcode
      Iโ€™ve noticed the same MT, once again outpacing Bitcoin, MicroStrategy, and the broader miner cohort today.
    • Barcode
      I think thereโ€™s more under the hood than just sector tailwinds.
  • Mortimer Arthur
    05-08
    Mortimer Arthur
    Reverse split will soon take place. Likely a one for five.
    • Barcode
      Unless itโ€™s disclosed through regulatory channels, Iโ€™d treat it as speculation for now.
    • Barcode
      ๐ŸŸง๐Ÿ…—๐Ÿ…๐Ÿ…Ÿ๐Ÿ…Ÿ๐Ÿ…จ โ“‰โ“กโ“โ““โ“˜โ“โ“– ๐Ÿ…๐Ÿ…—๐Ÿ…”๐Ÿ…๐Ÿ…“! ๐Ÿ…’๐Ÿ…—๐Ÿ…”๐Ÿ…”๐Ÿ…ก๐Ÿ…ข ๐Ÿ…‘๐Ÿ…’ ๐Ÿ€๐Ÿ€๐Ÿ€๐ŸŸง
    • Barcode
      I havenโ€™t seen any official filings or announcements confirming a reverse split.
    • Barcode
      ๐Ÿ™๐Ÿผ Thanks for reading and sharing your insights MA ๐Ÿ€
  • Tui Jude
    05-08
    Tui Jude

    This is looking great for a trade BC! Thanks for sharing ๐Ÿ’•

    • Barcode
      ๐ŸŸง๐Ÿ…—๐Ÿ…๐Ÿ…Ÿ๐Ÿ…Ÿ๐Ÿ…จ โ“‰โ“กโ“โ““โ“˜โ“โ“– ๐Ÿ…๐Ÿ…—๐Ÿ…”๐Ÿ…๐Ÿ…“! ๐Ÿ…’๐Ÿ…—๐Ÿ…”๐Ÿ…”๐Ÿ…ก๐Ÿ…ข ๐Ÿ…‘๐Ÿ…’ ๐Ÿ€๐Ÿ€๐Ÿ€๐ŸŸ 
    • Barcode
      Thanks for sharing it with the community ๐Ÿ€๐Ÿ€๐Ÿ€
    • Barcode
      Your welcome ๐Ÿ™๐Ÿผ TJ!
  • chenobserver
    05-08
    chenobserver
    Absolutely love this insight! Such energy! ๐Ÿš€๐Ÿ‘
    • Barcode
      ๐ŸŸง๐Ÿ…—๐Ÿ…๐Ÿ…Ÿ๐Ÿ…Ÿ๐Ÿ…จ โ“‰โ“กโ“โ““โ“˜โ“โ“– ๐Ÿ…๐Ÿ…—๐Ÿ…”๐Ÿ…๐Ÿ…“! ๐Ÿ…’๐Ÿ…—๐Ÿ…”๐Ÿ…”๐Ÿ…ก๐Ÿ…ข ๐Ÿ…‘๐Ÿ…’ ๐Ÿ€๐Ÿ€๐Ÿ€๐ŸŸ 
    • Barcode
      I appreciate you taking the time to read it and make comment ๐Ÿ‘๐Ÿ€๐Ÿ€๐Ÿ€
    • Barcode
      ๐Ÿ™๐Ÿผ Thanks for your very kind words chenobserver! ๐Ÿ€๐Ÿ€๐Ÿ€
  • icycrystal
    05-08
    icycrystal
    thanks for sharing
    • Barcode
      ๐ŸŸง๐Ÿ…—๐Ÿ…๐Ÿ…Ÿ๐Ÿ…Ÿ๐Ÿ…จ โ“‰โ“กโ“โ““โ“˜โ“โ“– ๐Ÿ…๐Ÿ…—๐Ÿ…”๐Ÿ…๐Ÿ…“! ๐Ÿ…’๐Ÿ…—๐Ÿ…”๐Ÿ…”๐Ÿ…ก๐Ÿ…ข ๐Ÿ…‘๐Ÿ…’ ๐Ÿ€๐Ÿ€๐Ÿ€๐ŸŸง
    • Barcode
      ๐Ÿ™๐Ÿผ Thanks for reading ic [Strong][ShakeHands][Heart]
  • Queengirlypops
    05-08
    Queengirlypops

    Need it to push higher after HODL bc ๐Ÿš€

    • Barcode
      ๐ŸŸง๐Ÿ…—๐Ÿ…๐Ÿ…Ÿ๐Ÿ…Ÿ๐Ÿ…จ โ“‰โ“กโ“โ““โ“˜โ“โ“– ๐Ÿ…๐Ÿ…—๐Ÿ…”๐Ÿ…๐Ÿ…“! ๐Ÿ…’๐Ÿ…—๐Ÿ…”๐Ÿ…”๐Ÿ…ก๐Ÿ…ข ๐Ÿ…‘๐Ÿ…’ ๐Ÿ€๐Ÿ€๐Ÿ€๐ŸŸ 
    • Barcode
      Thanks for sharing it with the community ๐Ÿ€๐Ÿ€๐Ÿ€
    • Barcode
      Itโ€™ll climb with BTC - heading to 112500 ๐Ÿš€๐Ÿš€๐Ÿš€
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