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BITF Stock Analysis

Data source: Trade-Ideas Alerts | 466 alerts analyzed | Backtest period: 2022-01-03 → 2025-02-14

🏢 Company Profile

Bitfarms Ltd. Common Stock
📍 NASDAQ 📅 IPO: Aug 15, 2019 🔗 bitfarms.com
💰 Market Cap: $1.55B 👥 Employees: 170
Bitfarms Ltd engaged in the cryptocurrency Mining industry mainly consists of selling its computational power used for hashing calculations for cryptocurrency mining in multiple jurisdictions. Its geographic operations are currently located in Canada, the United States, Argentina. It owns and operates server farms comprised of computers designed to validate transactions on the Bitcoin Blockchain.
📊
466
Total Alerts
🎯
42.7%
Win Rate (60MIN)
💰
-0.39%
Avg Gain (60MIN)
🚀
+4.45%
Avg MFE (Max Potential)

📈 Performance by Timeframe

5MIN

Win Rate: 35.3%
Avg Gain: -0.48%
Avg Winner: +1.40%
Avg Loser: -1.61%
Best: +8.33%
Worst: -6.67%
Trades: 164/281

15MIN

Win Rate: 41.9%
Avg Gain: -0.35%
Avg Winner: +1.96%
Avg Loser: -2.14%
Best: +9.11%
Worst: -11.90%
Trades: 195/255

30MIN

Win Rate: 40.6%
Avg Gain: -0.27%
Avg Winner: +2.55%
Avg Loser: -2.27%
Best: +14.12%
Worst: -9.52%
Trades: 189/268

60MIN

Win Rate: 42.7%
Avg Gain: -0.39%
Avg Winner: +2.95%
Avg Loser: -2.98%
Best: +24.00%
Worst: -11.95%
Trades: 198/257

EOD (End of Day)

Win Rate: 39.7%
Avg Gain: -0.48%
Avg Winner: +5.40%
Avg Loser: -4.65%
Best: +34.67%
Worst: -16.18%
Trades: 185/263

🚀 Max Favorable / Adverse Excursion (MFE/MAE)

Institutional-grade metrics showing the maximum profit potential and risk for each alert.

📈 MFE (Max Profit Potential)

Average MFE: +4.45%
Best MFE: +34.67%
Avg Time to MFE: 114 min

On average, BITF alerts reach +4.45% profit potential within 114 minutes.

📉 MAE (Max Drawdown Risk)

Average MAE: -2.12%
Worst MAE: -9.01%
Avg Time to MAE: 15 min

Before reaching MFE, expect an average drawdown of 2.12%.

⚖️ Risk/Reward Ratio

2.1:1

Excellent risk/reward - potential gain is 2.1x the typical drawdown.

💡 Trading Insight: Based on 466 alerts, BITF typically reaches +4.45% profit before pulling back. Consider setting profit targets around 3.6% to capture most of the move.

🌅 Premarket Gap Analysis (9:25 → 9:30)

Total Gaps Analyzed 466
Gap Up % 24.7%
Avg Gap -0.29%
Best Gap +9.38%

📋 Last 20 Alerts

Historical BITF alerts with performance metrics calculated from 1-minute price data. Each row shows the actual price movement at different timeframes after the alert.

Date Time Price 5min 15min 30min 60min EOD MFE MAE Gap Result
2025-02-14 09:28:18 $1.4 +1.79% +2.14% +1.43% +2.14% +1.43% +3.57% - - WIN
2025-02-12 09:25:43 $1.3 -0.77% +0.38% +1.15% +3.08% +4.62% +7.69% -1.54% -0.77% LOSS
2025-02-11 09:28:14 $1.39 -2.88% -2.16% -1.08% -1.44% -5.76% +0.72% -3.60% +0.36% LOSS
2025-02-10 09:27:06 $1.43 -1.40% -1.05% -0.70% -1.40% -2.80% +0.70% -1.40% -0.70% LOSS
2025-02-07 09:25:58 $1.45 +3.13% +0.69% +0.34% +0.34% -2.07% +3.79% - +0.69% WIN
2025-02-05 09:28:37 $1.46 +1.03% -0.01% -0.69% -0.01% -3.42% +2.74% - - WIN
2025-02-04 09:26:39 $1.4 +1.79% +2.14% +2.14% +2.86% +5.71% +7.14% -0.71% -0.71% WIN
2025-02-03 09:28:38 $1.31 +4.20% +4.96% +6.49% +9.92% +6.87% +13.74% - +0.38% WIN
2025-01-31 09:26:10 $1.51 +0.99% -0.33% -0.33% +0.34% -3.97% +1.99% -1.99% -0.66% WIN
2025-01-30 09:26:44 $1.46 -0.34% +0.34% +3.08% +1.37% +2.74% +5.48% -1.37% -0.68% LOSS
2025-01-29 09:27:23 $1.4 -1.07% -1.41% -0.36% +0.34% +2.86% +4.29% -2.86% - LOSS
2025-01-28 09:26:59 $1.43 -1.05% -1.40% +0.01% +0.35% -2.10% +1.40% -2.10% -0.14% LOSS
2025-01-27 09:29:27 $1.57 -4.46% -3.82% -3.18% -4.45% -10.83% -0.03% -3.82% -0.03% LOSS
2025-01-24 09:27:09 $1.66 -2.11% -1.13% -0.90% -0.30% -1.81% +2.41% -2.41% -1.81% LOSS
2025-01-23 09:26:32 $1.63 +1.83% +2.15% +3.07% +3.37% -1.23% +6.13% -1.23% - WIN
2025-01-22 09:27:21 $1.62 -0.49% +0.31% +0.62% -0.93% +2.47% +3.70% -2.47% - LOSS
2025-01-21 09:27:39 $1.74 -0.86% -3.74% -4.31% -5.46% -4.02% - -1.15% - LOSS
2025-01-17 09:27:20 $1.73 -0.25% -0.87% +1.45% - -2.89% +2.89% -1.73% -0.58% LOSS
2025-01-16 09:28:11 $1.65 -0.61% -1.20% -0.60% +0.65% -0.61% +2.42% -1.82% - LOSS
2025-01-15 09:28:01 $1.64 +0.06% +0.73% +1.22% +1.83% +1.83% +3.05% -1.83% - WIN

Table Metrics Explained:

  • 5min/15min/30min/60min/EOD: Price change at each timeframe (calculated from real minute-by-minute data)
  • MFE: Maximum Favorable Excursion - highest profit potential reached during the day
  • MAE: Maximum Adverse Excursion - worst drawdown experienced before reaching MFE
  • Gap: Premarket price gap from 9:25 AM to 9:30 AM market open
  • Result: WIN if 5min change > 0%, LOSS otherwise

⚠️ BITF Shows Negative Expectancy

With 42.7% win rate and -0.39% average gain, BITF alerts have historically faded. Use the app to find specific filters that might reverse this pattern, or consider BITF for short-selling strategies.

📉 Turn Negative Expectancy Positive →

Why Analyze BITF with FILTRIX?

🛡️ Realistic Entry Simulation

We don't inflate stats. Our analysis tracks only the first alert of the day for BITF. This simulates a true "Gap & Go" entry at pre-market hours (9:25-9:30 AM), avoiding the trap of chasing a stock that has already extended.

💰 Max Potential (MFE) Analysis

How much is left in the move? On winning days, BITF historically offers an average upside of +4.45% intraday. Our data helps you distinguish between a quick scalp and a runner.

📊 BITF Momentum Personality

With a baseline win rate of 42.7%, BITF shows negative momentum - the stock tends to fade after alerts. This pattern suggests BITF may be better suited for contrarian strategies or avoiding altogether.

⏱️ Optimized Exit Timing

⚠️ Caution Advised: BITF shows negative expectancy across all tested intraday timeframes (Best: 60MIN at -0.39%). This suggests BITF is prone to fading after the open, making it a potential candidate for short-selling or quick scalps only.