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BTBT

NASDAQ

Bitfarms · Bitcoin Mining

$2.18
64
Market Cap
$950M
Float
435M
Avg Volume
10.0M
RVOL
1.6×
ADR
$0.21
ATR
$0.26

What if I bought 100 shares?

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Current Price
$2.18
Cost
$218.00
Expected Move
±$0.62
Profit Potential
+$62.00
Loss Risk
-$37.20
Risk / Reward1.67 : 1

Trade Setup Generator

Confidence 51
Entry Zone
$2.15 – $2.20
Stop Loss
$1.92
R / R
3.35 : 1
Target 1
$2.57
Target 2
$3.05
Target 3
$3.42
AI explanation

BTBT ranks in the top tier of AlphaRadar's Dollar Move scanner (64/100) thanks to a neutral MACD, 1.6× relative volume, and a near-term catalyst: hash rate report. Consolidation after pullback; needs $2.50 reclaim for momentum.

  • Bullish: South American expansion lowering all-in energy costs.
  • Risks: BTC leverage; geopolitical risk in Paraguay operations.
  • Setup: Consolidation after pullback; needs $2.50 reclaim for momentum.
  • Catalyst: Monthly hash rate and operational update in 11 days.

Position Size Calculator

Shares
961
Capital Required
$2094.98
Max Loss
-$250.00
Profit @ T1
+$374.79
Profit @ T2
+$836.07
Profit @ T3
+$1191.64

Company Overview

Global Bitcoin mining company with operations in North and South America.

Why This Stock Could Move

Bull Case

South American expansion lowering all-in energy costs.

Bear Case

Debt load from facility acquisitions; thin margins vs peers.

Technical Setup

Consolidation after pullback; needs $2.50 reclaim for momentum.

Key Risks

BTC leverage; geopolitical risk in Paraguay operations.

Potential Catalyst

Monthly hash rate and operational update in 11 days.

Movement Projection

Expected move (next 5d)±$0.62
Avg move after catalyst$0.75
Historical volatility82%
ATR$0.26

News

  • Bitfarms completes Paraguay facility energisationThe Block · 4h ago

Score Breakdown

Technical88
Fundamental84
Sentiment71
Catalyst Proximity78
Risk Score7/10

Support & Resistance

Support$1.98
Resistance$2.50
Breakout target$3.05
Stop loss$1.92
Risk / reward3.35 : 1

Technical Snapshot

RSI56
MACDNeutral
MA CrossoverNone
Volume16.0M (1.6×)