BITF — Quantum Model ProjectionTechnical Update (Daily)
$Bitfarms rallied 14.8% today, reflecting the broader strength seen across the mining sector.
Minor Wave 4, which unfolded as a Double Zigzag, now appears complete.
Although the 0.618 deep retracement is atypical for a fourth wave, the structure is now fully matured — thank you for your patience throughout the correction!
There are no major changes to the BITF technical outlook; the near-term bullish structure remains intact.
The advance of Intermediate Wave (3) is expected to re-extend now through Minor Wave 5, projecting a Q-Target near $7.50🎯, representing an estimated +224%📈 upside into mid-December.
🔖 This outlook is based on insights from my Quantum Models framework.
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Penafian
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Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.