Bitfarms Ltd.

Bitfarms (BITF) – Double Bottom Playing Out, Eyes on the Fib Lev

1 090
Chart’s been building for a while and finally gave a clean W structure. Double bottom’s in motion and volume confirmed the move — not a guess, not a gamble. Just following the price.
🧠 What I’m Seeing:
• W reversal is clear — structure’s been respected all the way through.
• Massive buy volume on the second leg tells me there’s real interest, not just noise.
• Watching the Fair Value Gap (FVG) between ~$1.85–$2.00 — likely where this current leg cools off.
• Above that, Fib targets at:
• 0.618 = $1.96
• 0.706 = $2.15
• 0.79 = $2.32

That $2.00–$2.32 zone is where I expect things to get interesting. Could stall. Could break. I’ll wait for the chart to show it.

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