Cycle Bottom Indicator [CBI] - Log Chart [UPDATE 03 - FED 0.75%]
Quick update on the Cycle Bottom Indicator (CBI) tracking + Log Chart post central bank federal funds rate announcement with a 75 basis point increase.
See link for announcement: wsj.com/livecoverage/federal-reserve-meeting-interest-rates-june-2022
This was not too much of a surprise, given:
1) inflation numbers after a
2) massive increase in M1 currency supply post COVID (in all tear 1 currencies) and
3) the massive gap emerging between 2 Year Treasury Bond Yield vs FED Funds Rate we discussed in the last post.
https://www.tradingview.com/chart/US02Y/iXbQtg6f-2-Year-Treasury-Bond-Yield-vs-FED-Funds-Rate/
There is every chance the FED will continue to go hard on interest rate increases until we see the gap close.
Will be interesting to see how the CBI performs in such uncharted bottoming conditions for BTC.
See link for announcement: wsj.com/livecoverage/federal-reserve-meeting-interest-rates-june-2022
This was not too much of a surprise, given:
1) inflation numbers after a
2) massive increase in M1 currency supply post COVID (in all tear 1 currencies) and
3) the massive gap emerging between 2 Year Treasury Bond Yield vs FED Funds Rate we discussed in the last post.
https://www.tradingview.com/chart/US02Y/iXbQtg6f-2-Year-Treasury-Bond-Yield-vs-FED-Funds-Rate/
There is every chance the FED will continue to go hard on interest rate increases until we see the gap close.
Will be interesting to see how the CBI performs in such uncharted bottoming conditions for BTC.
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.