Bitf stock forecast the bitf stock forecast currently shows

The bitf stock forecast currently shows near‑term volatility tied to Bitcoin price swings, as Bitfarms’ revenue is highly correlated with BTC mining rewards. Traders are watching resistance around $2.50, which could be tested if hash rate growth continues. In the previous quarter of 2024-06-30, Bitfarms Ltd's ( TSX:BITF ) actual revenue was $57.85 million, which missed analysts' revenue expectations of $65.48 million by -11.65%. Bitfarms Ltd's ( TSX:BITF ) actual earnings were -$0.10 per share, which beat analysts' earnings expectations of -$0.15 per share by 33.56%. After releasing the results, Bitfarms Ltd ( TSX:BITF ) was up by 21.92% in one day. As a result, after wave (2) finished at the June 2025 low, the stock began the next major leg higher. This is wave (3). Furthermore, our proprietary RSI Pivot System has confirmed this move. The system provides a bullish signal for the start of this new rally. This next leg could potentially drive the price back toward its previous high near $4.20 . Crypto sector momentum is shaping the current bitf stock forecast. The mining efficiency gains Bitfarms achieved this year may lead to better margins, supporting a bullish price target revision.