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BTC vs FJob OpeningsBitcoin (BTC) vs Job Openings
Correlation
of % moves
+42%
In sync
of periods
68%
History
monthsmonths · through 2026-05
23
These move in the same direction about 68% of the time
Their swing sizes loosely line up (~18% 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.
BTC moves ~2 months before Job Openings
Watch BTC for an early read on Job Openings.
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)
68%
Headline metric
Movement correlation(i)
+42%
Based on % moves
95% CI
N/A
Likely range
Pipeline
Pipeline Summary
23 paired data points survived the monthly window.
Raw input
730
306
Normalized
730
306
Prepared
25
306
Aligned
23
23
Invalid removed
18%
Variance explained
Significance
N/A
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
+2 months
Correlation at this shift
-51%
+9% stronger than no-shift baseline
Job Openings shifted 2 months earlier. Reads: "Does Bitcoin (BTC) today line up with Job Openings 2 months from now?"
20 overlapping points at this shift
Baseline
+42%
No-shift correlation, matching the main time-series chart above.
Peak shift
+2 months
-51%
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
-11%
9 periods · Return correlation when both series rose
Both Falling
+85%
6 periods · Return correlation when both series fell
Diverging
-39%
7 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
285
A: 2 / B: 283
Series A
Bitcoin (BTC)
BTC
Crypto · 730 raw → 25 prepared
Series B
Job Openings
JTSJOL
FRED · 306 raw → 306 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
4
Estimated crossover points between normalized spreads.
Slope
0.1677
Linear regression slope.
Intercept
-0.0004
Linear regression intercept.
Saved 3 months ago · ID: crypto-btc_fred-jtsjol_monthly_5y