The Labor Market and Bitcoin

"it's kind of like a good narrative potentially for uh for Bitcoin to go into maybe its market cycle top uh in Q4, which is what what it normally does."

"Interestingly though, the 50week moving average is now at 100K, right? So, I I mentioned that we this week we should see it hit 100K."

"whenever we get a weekly close below 100K, um cycle's over at that point."

"I don't really think there's a major reason to get concerned about initial claims until they're printing 300K."

"job postings on Indeed, you know, that continues to to slowly drop. I don't really expect any major changes over there."

"If you look at like the year-over-year change [in construction non-farm private payroll], it it's not negative, but it's I mean, it looks like it's heading that direction. And so, you know, at this pace, within a few months, it it will turn negative."