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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 > Every Day we have a Nasdaq post, why?
View:
Post by sylvain_007 on Jun 08, 2021 7:26am

Every Day we have a Nasdaq post, why?

Are you sure about it or you just want pump this title. If the NSdaq inscription is coming, Bitf price will surge soon. I'll wait for it.
Comment by AlphaJ on Jun 08, 2021 7:37am
the problem isnt bitf or bitcoin. The problem is equities markets. NASDAQ looks like its about to crash which will bring bitcoin down. The question becomes. What comes first? NASDAQ crash or BITF NASDAQ listing. If equities market crashes, no point riding this down 30% only to get a 30% pump on listing day. This is all just bad timing, kinda sucks
Comment by AlphaJ on Jun 08, 2021 7:44am
and ill put it to you this way, if NASDAQ crashes and drags down BTC before bitf lists. There isnt going to be a listing day pump, no one is going to touch it until the market settles.
Comment by AlphaJ on Jun 08, 2021 8:42am
what i will follow up with. It would be amazing if Bitcoin decouples from equity market trends. but historically, it is yet to be proven that it can.
Comment by bidoux67 on Jun 08, 2021 9:11am
Thanks AlphaJ for sharing your thoughts on BITF and the markets. I am still waiting to get back in before the Nasdaq listing which I sort of expected it to be announced by now or soon anyways. I have no idea when BTC will start to consistently trend upwards again. It seems to trend with Nasdaq but thought by now it would be trending more like gold...inflationary reasons or market nerves, etc ...more  
Comment by AlphaJ on Jun 08, 2021 10:13am
The sell off right now is nasty. But its odd bc there is no volume in it, this means its a handful of people selling off. I wonder if this is Wykoff accumulation coming to an end.... im fighting myself so hard not to panic sell now. but it would be terrible if we break 30k
Comment by AlphaJ on Jun 08, 2021 10:16am
Phase C Wykoff Accumulation. Read about it, low volume lower support test.
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