Bitfarms (BFARF) (BITF) Stock Enters The Breakout Zone: Here is The Trading Plan

BFARF is leading among the top gainers on the OTC market as Bitfarms Ltd  (OTCMKTS:BFARF) (CVE:BITF) has shared the good news that it has won approval from The Nasdaq Stock Market to list its stock on the exchange.

Bitfarms (BFARF) (BITF) Stock Enters The Breakout Zone: Here is The Trading Plan

Undoubtedly, investors are cheering the news and the stock is now trading at the highest point of the day. At the time of writing, BFARF stock is skyrocketing 27.60% at $6.38.

Once the stock starts trades on the Nasdaq, the company’s stock symbol will be replaced with BITF.

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The company’s stock on TSX will remain trade under the same stock symbol “BITF”

The company is yet to announce the date for the commencement of trading on the Nasdaq.

After the listing on the Nasdaq, the stock might see more volume and gain further reliability.

BFARF stock has soared 2930% from its 52-week low of $0.75.

Keep an eye on BFARF for further detail from the company about the date of the Nasdaq listing.

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Jack Dawkins

Finance and Tech Contributor