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Bullboard - Stock Discussion Forum Bitfarms Ltd T.BITF

Alternate Symbol(s):  BITF

Bitfarms Ltd. is a Canada-based global vertically integrated bitcoin mining company. The Company develops, owns, and operates vertically integrated mining farms with in-house management and Company-owned electrical engineering, installation service, and multiple onsite technical repair centers. The Company’s proprietary data analytics system delivers operational performance and uptime. The... see more

TSX:BITF - Post Discussion

Bitfarms Ltd > 60K for BTC Done...
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Post by krightg9bo on Mar 13, 2021 6:57am

60K for BTC Done...

...There will be some hic ups for breaking this resistance point but it should not be too hard.  And Monday will be good for BITF as we should test 8$ again. GLTA
Comment by bidoux67 on Mar 13, 2021 8:18am
If BTC is still $60k plus Monday morning I really hope BITF flies to $8 and above but to be honest even with BTC at the $55k to $57k range I expected BITF to be much higher than its current price. I guess I don't know what will really move our share price anymore. Hopefully $60k BTC does the trick. Glta
Comment by AlphaJ on Mar 13, 2021 9:14am
I was feeling a little frustrated last week. Was expecting a higher price too. But to be fair. Crypto stocks do lagg behind btc. It's make sense bc more traditional investors are in these stocks as the die hard crypto investor hold the coins directly. And traditional investors are more skeptical of crypto. Hopefully bitf takes out $8/share next week if we hold above $60k! Exciting times!!!
Comment by LetsRoll10 on Mar 13, 2021 1:39pm
The company is making a lot of money with Bitcoin at these rates.  Bitfarms just hired a firm based in New York to promote and share the Bitfarm story.  I wonder if that is in preparation for the new exchange listing coming...  I think so. So hold on farmers, we are walking towards some nice returns, it's a great Buy right now but it won't be for long at these rates ...more  
Comment by Soundstogoodto1 on Mar 13, 2021 1:44pm
What's your price target over the next couple of months, end of year?
Comment by krightg9bo on Mar 13, 2021 7:20pm
Max Keiser said on Jan 4th that he sees BTC at 220 000 before the end of the year.  Other are more conservative and say 100 000 is more probable.  My view is that we should be moving by steps with 65 000 berfore the end of this week and then a slight correction below 60 000 and a strong bounce back up to 75 000 in the next month or so.  It will be roller coaster for sure but most of ...more  
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