Industry context
Bitfarms Ltd [BITF]
Last Updated 6 Apr 2026 @ 09:30 (Exchange is closed)
Last: $2.16
9.09%
4.49 (↓)
GaG Algo Score™
v1.0
Short
4.49 (↓)
Medium
4.85 (↓)
Long
4.31 (↓)
BUY
56.00%
return -1.12%
SELL
51.02%
return 25.62%
Line
Pivot Data
Pivot Statistics
| Metric | Average | Median | Std Dev |
|---|---|---|---|
| Gain % | 49.45% | 49.45% | 41.51% |
| Loss % | -23.01% | -23.01% | 0.00% |
| Duration | 17.3d | 16d | 7.1d |
| Total Pivots Found | 4 |
| Gain/Loss Legs | 3 (2 Gain / 1 Loss) |
| Last Pivot | Top @ $3.29 on 2026-04-24 |
| Change since Last Pivot | $-0.04 (-1.22%) |
Next Pivot Prediction Last: $2.16
| Predicted Next Type | Bottom |
| Predicted Price (Avg) | $2.53 |
| Predicted Price (Median) | $2.53 |
| Predicted Price Range (~68%) | $2.53 - $2.53 |
| Change to Avg Target | $0.37 (17.26%) |
| Predicted Date (Avg) | 2026-05-11 |
| Predicted Date Range (~68%) | 2026-05-04 - 2026-05-18 |
| Basis | Based on 1 historical losses (Avg: -23.01%, Median: -23.01%, StdDev of Abs: 0.00%) and duration (Avg: 17.3 days, StdDev: 7.1 days) |
| Note | Ranges assume ~normal distribution & historical patterns repeat. Use with caution. |
Bitfarms Ltd skyrockets 5.18%.
Bitfarms Ltd (BITF) stock price jumped sharply on Monday after the stock rose $0.160 (5.18%) from the previous session on normal volume. Showing significant relative strength, the stock rose today while the NASDAQ fell -0.46%.(The stock has risen 3 days straight. This extended rally increases the chances of a price pullback soon) Yesterday's trading volume was 24.27M shares, worth about $78.88M. This represents 3.43M shares more than the day before. Volume was close to the 10-day average of 29.29M shares.
Bitfarms Ltd signals
There is no conclusive signals given from RSI. The price is above both the short- and long-term averages, and the short-term average is above the long-term average, confirming an established up-trend. Market in Equilibrium: A state of indecision prevails across all timeframes, with signals mixed in the short- (43.3%), medium- (43.3%), and long-term (43.3%) horizons. This balance between forces suggests a period of consolidation and the absence of a clear directional catalyst.
Bitfarms Ltd Support & Resistance Levels
The stock is trading above the closest support level at $3.10. approximately $0.150 (4.62%) away. This suggests it is currently acting as a floor, approaching it.The sup dis das support s13.1 -
Bitfarms Ltd Evaluation
- Short score: 4.49
- Medium score: 4.85
- Long score: 4.31
Relationship map
Correlation snapshot
Positioning pressure
Short interest pressure
Short interest
14.80%
Of outstanding shares
Short float
13.51%
Of tradable float
Days to cover
2.17
Short interest divided by average volume
Squeeze probability
83.30%
+14.28% change
Short positioning is elevated and could amplify sharp price moves.
Updated 2026-03-31Earnings quality
Earnings history
Reported quarters
10
EPS beats
5
EPS misses
4
Avg. surprise
-40.06%
Bitfarms Ltd Estimated Earnings vs Actual Earnings
Actual EPS
Estimated EPS
Miss
Q2/2023
Miss
Q3/2023
Miss
Q4/2023
Miss
Q1/2024
Beat
Q2/2024
Beat
Q3/2024
Beat
Q4/2024
Beat
Q1/2025
Waiting
Q2/2025
Waiting
Q3/2025
Bitfarms Ltd Earnings History
| Date | Period | EPS estimate | Actual EPS | EPS surprise | Revenue estimate | Revenue actual | Revenue surprise |
|---|---|---|---|---|---|---|---|
| 2025-11-11 | Q3/2025 | - | - | Waiting | - | - | Waiting |
| 2025-08-14 | Q2/2025 | $-0.0300 | - | Waiting | - | - | Waiting |
| 2025-05-14 | Q1/2025 | $-0.0400 | $-0.0400 | Beat 0.00% | 75.84M | 66.85M | Miss -11.85% |
| 2025-03-27 | Q4/2024 | $-0.0400 | $0.0300 | Beat 175.00% | 63.10M | 56.16M | Miss -10.99% |
| 2024-11-13 | Q3/2024 | $-0.120 | $-0.0900 | Beat 25.00% | 56.84M | 44.85M | Miss -21.09% |
| 2024-08-08 | Q2/2024 | $-0.110 | $-0.0700 | Beat 36.36% | 52.31M | 41.55M | Miss -20.57% |
| 2024-05-15 | Q1/2024 | $-0.0167 | $-0.0200 | Miss -19.98% | 44.62M | 50.09M | Beat 12.26% |
| 2024-03-07 | Q4/2023 | $-0.00851 | $-0.0600 | Miss -605.05% | 48.35M | 47.52M | Miss -1.72% |
| 2023-11-06 | Q3/2023 | $-0.0463 | $-0.0700 | Miss -51.12% | 37.42M | 34.60M | Miss -7.55% |
| 2023-08-08 | Q2/2023 | $-0.0500 | $-0.0700 | Miss -40.00% | 35.38M | 35.48M | Beat 0.28% |
| 2023-05-15 | Q1/2023 | $-0.0300 | $-0.0100 | Beat 66.67% | 29.60M | 30.64M | Beat 3.50% |
| 2023-03-21 | ~2022 Q4? | $-0.0800 | $-0.0700 | Beat 12.50% | 25.60M | -1.53M | Miss -105.98% |
Analyst view
Analyst targets
Consensus
$4.84
Median
$5.25
Low
$2.30
High
$7.00
Recent target updates
News flow
Latest company news
Market coverage
cnbc.com Bitcoin set to slump to new lows for 2026 after recent sell-off, traders forecast Jun 3, 2026 investors.com Clarity Act Passes Senate Banking Committee, Crypto Stocks Rally May 14, 2026 marketbeat.com Bitfarms Q1 Earnings Call Highlights May 11, 2026 cnbc.com Bitcoin surged in April, but weak buyer demand makes the rally vulnerable May 1, 2026Company releases
Company context
Company profile
Exchange:
NASDAQ
Sector:
Financial Services
Industry:
Financial Capital Markets
Currency
USD
Bitfarms Ltd engages in the mining of cryptocurrency coins and tokens in North America It owns and operates server farms that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees The company also provides electrician services to commercial and residential customers in Quebec Canada It also undertakes hosting of thirdparty mining hardware The company was founded in 2017 and is headquartered in Toronto Canada
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