Is There a Connection Between McRib and Bitcoin Prices? Questionable Correlation Analyzed
-
Analysts are drawing parallels between McRib's return and Bitcoin's price, though correlation does not mean causation.
-
Since 2016, Bitcoin's price rose after McRib's return 4 out of 7 times, with mixed results.
-
McRib typically returns late in the year when Bitcoin shows mixed performance in Oct-Dec.
-
The search for McRib-Bitcoin correlation stems from market boredom in slow periods.
-
The McRib-Bitcoin correlation is likely just a meme without definite causality.