As
BTC is pointing toward a pullback to the 21-20k area we can reasonably assume bitcoin mining stocks will also correct.
BITF is looking to go to the $.75-.60 support area before gearing up to go higher to $2, the next area of resistance.
On the fundamental side the company is one of the stronger miners with one of the highest Bitcoin mined per 1 EH/s metric https://twitter.com/cazenove_uk/status/1623987882938564612?s=20&t=r4NwM8bEMnXloi3k628P_w. Just as long as there is no addition share dilution I expect Bitfarms (and other miners) to outperform Bitcoin in a bull market on the run ups.
On the fundamental side the company is one of the stronger miners with one of the highest Bitcoin mined per 1 EH/s metric https://twitter.com/cazenove_uk/status/1623987882938564612?s=20&t=r4NwM8bEMnXloi3k628P_w. Just as long as there is no addition share dilution I expect Bitfarms (and other miners) to outperform Bitcoin in a bull market on the run ups.
ملاحظة
Bingo! Took longer than expected but timing is very hard. Looking for bitcoin to stop dropping and show a strong enough bounce before going longتم فتح الصفقة
Long trade enterd. Bitcoin bounced strongly over the weekend.ملاحظة
Strong past week for Bitcoin! Watch out for earnings on Tuesday. I am expect Bitfarms to be over $1 with no negative newsملاحظة
Bitcoin is consolidation at the moment so BItfarms is having a hard time breaking and staying above $1ملاحظة
With ملاحظة
Up we go! :)ملاحظة
Looking to close above ~$1.30 on the day in the next few weeks to set up the next big moveإخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
