July 2024 – SRSrocco Report

July 2024

THE COLLAPSE OF BITCOIN MINING REVENUE SPELLS BIG TROUBLE

Posted by SRSrocco in Mining, News, Silver Members, Videos on July 4, 2024 — 6 comments

While most Americans are out celebrating the Fourth of July, this isn’t the case for Bitcoin investors and the Bitcoin Mining Industry. The Collapse in Bitcoin Mining Revenue since the Havling in April spells Big Trouble for the Industry if the Bitcoin price doesn’t recover…

METALS & BITCOIN MARKET UPDATE JULY 2nd: High Commercial Net Short Positions In Metals & Bitcoin Suggest Weakness Still Ahead

Posted by SRSrocco in Mining, News, Precious Metals, Silver Members, Videos on July 2, 2024 — 15 comments

Before the precious metals make another BIG MOVE HIGHER, we will likely see a correction first. This is especially true with the high commercial net short position in Gold, Silver, and Bitcoin. However, Bitcoin has already fallen $10,000 from its highs and may have further to go…