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Bitcoin Cash (BCH) vs U-6 Unemployment Rate
Correlation
of % moves
-42%
In sync
of periods
38%
History
monthsmonths · through 2026-04
23
These move opposite each other about 38% of the time
Their swing sizes loosely mirror each other (~18% of the pattern is shared).
A real but noisy link — useful as context, risky as a standalone signal.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
BCH moves ~10 months before U-6 Unemployment Rate
Watch BCH for an early read on U-6 Unemployment Rate.
Flips between sync and inverse
Sometimes the two move together, sometimes opposite. Don't treat this as a stable signal.
Advanced
Statistics
In sync(i)
37.5%
Headline metric
Movement correlation(i)
-42%
Based on % moves
95% CI
-72% → +0%
Pipeline
Pipeline Summary
23 paired data points survived the monthly window.
Raw input
730
387
Normalized
730
387
Prepared
25
387
Aligned
23
23
Invalid removed
Likely range of correlation
R²(i)
17.7%
Variance explained
Significance
n.s.
Statistical confidence
Data points
23
Limited
Time-Shifted Correlation
See how correlation changes when one series is offset in time. A taller bar at a non-zero shift means the two move together better when one leads the other — that's a potential lead/lag signal.
Correlation by shift
Click a bar to inspect. Range: -12 to 12 months.
Selected shift
+10 months
Correlation at this shift
+63%
+21% stronger than no-shift baseline
U-6 Unemployment Rate shifted 10 months earlier. Reads: "Does Bitcoin Cash (BCH) today line up with U-6 Unemployment Rate 10 months from now?"
12 overlapping points at this shift
Baseline
-42%
No-shift correlation, matching the main time-series chart above.
Peak shift
+10 months
+63%
A non-zero peak suggests one series lines up better when shifted against the other.
Stability
How the correlation evolves over time. A stable line means the relationship is reliable; large swings signal regime-dependent behavior.
Do They Crash Together?
How these series behave when markets are rising, falling, or diverging. A correlation that holds in drawdowns is very different from one that only works in rallies.
Both Rising
N/A
2 periods · Return correlation when both series rose
Both Falling
N/A
4 periods · Return correlation when both series fell
Diverging
-73%
16 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
366
A: 2 / B: 364
Series A
Bitcoin Cash (BCH)
BCH
Crypto · 730 raw → 25 prepared
Series B
U-6 Unemployment Rate
U6RATE
FRED · 387 raw → 387 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
5
Estimated crossover points between normalized spreads.
Slope
-0.0899
Linear regression slope.
Intercept
0.0044
Linear regression intercept.
Saved 2 weeks ago · ID: crypto-bch_fred-u6rate_monthly_5y