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: www.wsj.com
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...
![BTCUSD: Cycle Bottom Indicator [CBI] - Log Chart [UPDATE 03 - FED 0.75%]](https://s3.tradingview.com/p/PragSxLa_mid.png "Cycle Bottom Indicator [CBI] - Log Chart [UPDATE 03 - FED 0.75%]")
