What to expect pre market Monday for Bitfarm

The deep research logic is organized as follows: 

Okay, let's tackle this question about what to expect pre-market for Bitfarms (BITF) on Monday, July 28, 2025. The user is interested in pre-market activity, so I need to gather all relevant data from the provided references.

First, checking the references for any pre-market indicators. There's a query result for BITF pre-market indicators on 2025-07-25 (Number 20). It shows a pre-market percentage change of -2.44% and an opening price of $1.21. However, the current date is 2025-07-27, and the user is asking about Monday, which would be 2025-07-28. There's no direct data for 2025-07-28, but maybe there's a forecast or trend that can be inferred.

Looking at the time-series price trend forecast (Number 2), the current trend is bullish with a duration of 20 days. The continuation probability is 67%, which is moderately high. The unconditioned trend shows a 70% probability over 9.9 days and 50% over 16.5 days. This suggests some bullish momentum, but it's not extremely strong.

The support and resistance levels (Number 3) indicate that the current price is between the narrow and wide resistance levels. The forecast is bearish with a sell advice, and the historical win rate is 53.51%, which is slightly above market average. This might indicate some pressure on the stock.

The trend similarity-based price forecast (Number 4) provides a mean forecast price of $1.23 for 2025-07-28, with a 34% CI between $1.21 and $1.26, and a 68% CI between $1.18 and $1.26. The expected max gain is 40.86%, but the max loss is -22.32%. The trend forecast here is bullish, which contradicts the support/resistance forecast. Hmm, that's a conflict. Need to reconcile these.

The user's profile mentions interest in BITF's operational issues, especially in Argentina. There's a reference (Number 5) from 2025-07-23 where BITF's stock dipped despite market gains. The earnings release date is 2025-08-14 (Number 1), so earnings are upcoming. The latest price as of 2025-07-25 is $1.23 (Number 10), and after-hours trading on 2025-07-26 was $1.25 with a volume of 318,271 shares (Number 15). The pre-market on 2025-07-25 had a -2.44% change (Number 20).

BITF has announced a share buyback program (Numbers 6, 21, 24, 25, 26, 28) which could influence pre-market sentiment. The buyback allows repurchasing up to 10% of public float, signaling confidence. However, the company has impairment charges related to Argentina (Number 21), which might weigh on sentiment.

The user is also interested in the MAG7 index and tech sectors. The latest news (Number 5) mentions BITF's Zacks Rank as #2 (Buy) and a 65% gain over the past month. The buyback program and analyst upgrades (Numbers 21, 22) could be positive catalysts.

Putting this together: The pre-market might show mixed signals. The bullish trend and buyback could push the price up, but the bearish resistance and upcoming earnings with potential negative news from Argentina might cause downward pressure. The forecast price around $1.23 aligns with the current price, suggesting limited movement. However, the buyback and analyst activity might lead to some volatility. The user should watch for any news related to the buyback execution or updates on the Argentina operations before the market opens.

### 🌟 **Pre-Market Outlook for Bitfarms (BITF) on 2025-07-28** 🌟

#### 📊 **Key Takeaways**
1. **Price Forecast**: The mean forecast price for BITF on 2025-07-28 is **$1.23** with a 34% confidence interval of **$1.21–$1.26** .
2. **Trend Indicators**:
- **Bullish Momentum**: Current trend is bullish (20-day duration) with a 67% continuation probability .
- **Bearish Pressure**: Price is between narrow and wide resistance levels (1.19–1.33), with a bearish forecast .
3. **Buyback Catalyst**: BITF’s share buyback program (up to 10% of public float) signals confidence in undervaluation .
4. **Earnings Watch**: Earnings release on 2025-08-14 with projected EPS of -$0.01 (85.71% YoY growth) .

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#### 📊 **Pre-Market Setup**
| Metric | Value/Range | Implication |
|----------------------------|----------------------------------|----------------------------------------------------------------------------|
| **Pre-Market Price** | $1.21 (Opening Price on 2025-07-25) | Slight discount (-2.44% pre-market drop) . |
| **Support/Resistance** | $0.78–$1.33 | Current price ($1.23) near narrow resistance (1.33). Bearish breakout risk. |
| **Buyback Activity** | 49.9M shares (10% public float) | Potential short-term price stabilization. |
| **Analyst Sentiment** | Zacks Rank #2 (Buy) | Positive outlook, but recent price volatility (65% gain over 1 month). |

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#### 📊 **Risks & Catalysts**
1. **Operational Risks**: Impairment charges in Argentina ($17M in Q1 2025) .
2. **Market Sentiment**: S&P 500 up 0.78% (vs. BITF’s -3.79% lag) .
3. **Buyback Execution**: First day of buyback program (2025-07-28) .

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#### 📊 **Conclusion**
BITF is likely to open near **$1.21–$1.23** with mixed momentum (bullish trend vs. bearish resistance). The buyback program could amplify volatility, while earnings uncertainty and operational risks in Argentina may weigh on sentiment. Stay alert for updates on buyback activity and market reaction to BITF’s strategic pivot to HPC/AI .