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

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Bitfarms Ltd > Worrying signs moving forward

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Post by Tradinghands on Aug 08, 2024 6:49pm

Worrying signs moving forward

78% of US households living paycheck to paycheck means that there's still a recession in sight as people slow down spending plus if Oil starts to rise too high it will push inflation higher so all this cork popping could be short-lived. Not trying to be negative but I have traded through market crashes starting in the 1980s. There's a lot of turmoil underneath these markets. Let's hope for the best and prepare for the worst. Today was a good day and Fridays are always a hit-and-miss going into the weekend which could set the tone for Monday. GLTA

U.S. consumers rack up record $1.14 trillion in credit card debt (msn.com)

Majority of Americans Live Paycheck To Paycheck – Forbes Advisor

Bankruptcy Filings Rise 16.2 Percent | United States Courts (uscourts.gov)

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