Bitfarms Ltd T.BITF

Alternate Symbol(s): BITF

Technology Software - Application

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 Company operates through the cryptocurrency mining segment. The Company operates server farms comprised of computers (Miners) designed for the purpose of validating transactions on the Bitcoin (BTC) Blockchain (Mining). The Company also operates Miners about 24 hours a day producing computational power (measured by hashrate) which it sells to Mining Pools under a formula-driven rate commonly known as Full Pay Per Share (FPPS). The Company has 11 farms, which are located in four countries: Canada, the United States, Paraguay, and Argentina.

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Bitfarms Ltd > If this is BTC Wykoff Accumulation

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Comment by AlphaJon Jun 22, 2021 9:43am

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Post# 33426441

RE:RE:If this is BTC Wykoff Accumulation

Check out Raoul Pal and Cathie Wood on youtube. If you listen to what theyve said over the last month. Everything they say is coming true now, then listen to how they justify the BTC Blow off top.
Remember, its short term retail investors selling off, who is buying?

-deflation is happening, no interest rate hike coming soon
-equieties market holding
-weak economic recovery expected, more stimulus as a result
-gold dropping again
-short term retailers selling BTC at a loss

Its hard to watch now but personally, i see a new ATH by late August