THREAD: bullish forecast cor market pulse predicts
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News Timeline
NO CHARGES for Pulse Nightclub Owners: Families Outraged
— The Orlando Police Department has closed its investigation into the former owners of Pulse nightclub without filing any charges. Victims’ families and survivors had requested the probe, alleging criminal culpability. Police found no probable cause for involuntary manslaughter by culpable negligence.
About two dozen people, mostly survivors and family members of those who died in the 2016 shooting, gave statements to investigators. They cited issues like unavailable building plans, unpermitted renovations, and possible overcapacity at the club. Despite these claims, investigators concluded that these factors did not impede rescuers or contribute to the tragedy.
Investigators were unable to interview former owners Barbara and Rosario Poma but determined their actions didn’t show reckless disregard for human life. The report stated they couldn’t have reasonably anticipated a terrorist attack at Pulse nightclub.
A spokesperson for the Pomas declined to comment on Wednesday. On Facebook, Pulse Families and Survivors for Justice called the investigation a “sham.” The police report emphasized too many unknowns about how gunman Omar Mateen entered the club that night.
FTSE 100 Hits RECORD High of Over 8,000 Points
— The UK’s blue chip stock index surpassed 8,000 points for the first time in history as the pound plummets in value.
BULLISH on Bitcoin: Crypto Market ERUPTS in January as FEAR Turns to GREED
— Bitcoin (BTC) is on track to have the best January in the last decade as investors turn bullish on crypto after a disastrous 2022. Bitcoin leads the way as it approaches $24,000, up a massive 44% from the beginning of the month, where it hovered around $16,500 a coin.
The broader cryptocurrency market has also turned bullish, with other top coins such as Ethereum (ETH) and Binance Coin (BNB) seeing substantial monthly returns of 37% and 30%, respectively.
The upturn comes after last year saw the crypto market plunge, fueled by fears of regulation and the FTX scandal. The year shredded $600 billion (-66%) from Bitcoin’s market cap, ending the year worth only a third of its 2022 peak value.
Despite the ongoing concerns of regulation, the fear in the market looks to be shifting to greed as investors take advantage of bargain prices. The rise may continue, but savvy investors will be wary of another bear market rally where a sharp sell-off will send prices back to Earth.
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