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McRib Is Back, and Bitcoin’s Weirdest Bullish Indicator Lives On

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: Crypto proponents are once again entertaining the curious connection between McDonald’s McRib and bitcoin prices, as the fast-food giant announced the limited-time sandwich will return Oct. 27, reigniting speculation over whether its comeback might serve up a bullish helping of bitcoin price action. Bitcoin Traders Revisit the McRib’s Peculiar Market Connection Over the past two […] Crypto Insight Analysis: Direction: Neutral Impact: No Impact Horizon: Short-term (1-3 days) Reasoning: McRib correlation with BTC is purely speculative and lacks fundamental basis.

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