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BTC vs FJob OpeningsBitcoin (BTC) vs Job Openings
Correlation
of % moves
+50%
In sync
of periods
73%
History
monthsmonths · through 2026-07
23
These move in the same direction about 73% of the time
Their swing sizes loosely line up (~25% of the pattern is shared).
Strong enough to use as a signal — check the stability and regime notes below before relying on it.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Slipping tighter
The recent pattern is tighter than its long-run baseline — keep an eye on whether this sticks.
Job Openings moves ~5 months before BTC
Watch Job Openings for an early read on BTC.
Tighter in drawdowns
The relationship is stronger when both prices are falling than when both are rising — typical risk-off behaviour.
Mostly stable
The relationship drifts a little but stays in the same neighbourhood.
Advanced
Statistics
In sync(i)
73%
Headline metric
Movement correlation(i)
+50%
Based on % moves
95% CI
+10% → +76%
Likely range of correlation
Pipeline
Pipeline Summary
23 paired data points survived the monthly window.
Raw input
730
308
Normalized
730
308
Prepared
25
308
Aligned
23
23
Invalid removed
R²(i)
25%
Variance explained
Significance
p < 0.05
Statistical confidence
Data points(i)
22
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
-5 months
Correlation at this shift
-63%
+13% stronger than no-shift baseline
Job Openings shifted 5 months later. Reads: "Does Bitcoin (BTC) today line up with Job Openings 5 months ago?"
17 overlapping points at this shift
Baseline
+50%
No-shift correlation, matching the main time-series chart above.
Peak shift
-5 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
-9%
9 periods · Return correlation when both series rose
Both Falling
+84%
7 periods · Return correlation when both series fell
Diverging
-83%
6 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
287
A: 2 / B: 285
Series A
Bitcoin (BTC)
BTC
Crypto · 730 raw → 25 prepared
Series B
Job Openings
JTSJOL
FRED · 308 raw → 308 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
4
Estimated crossover points between normalized spreads.
Slope
0.1788
Linear regression slope.
Intercept
0.0019
Linear regression intercept.
Saved 4 months ago · ID: crypto-btc_fred-jtsjol_monthly_5y