McDonald’s and the McRib: A Match Made in Crypto Heaven

Guess what? The McRib is back, baby! Yep, McDonald’s has given us the tender, saucy goodness of the McRib sandwich again starting November 11, and traders are buzzing about it as if it’s the start of a new gold rush—only this time, it’s for Bitcoin!

A Saucy Theory: McRib’s Connection to Bitcoin Rallies

So here’s the juicy rumor: every time the McRib returns, Bitcoin seems to take a leap into the stratosphere. It’s like they’re best friends in an unpredictable sitcom! Some clever traders even dug up historical data that suggests when the McRib makes its glorious return, Bitcoin’s price tends to explode. Talk about a fast food fortune!

Bitcoin Archive’s Delicious Prediction

It all kicked off when the Bitcoin Archive account took to social media and dropped the bomb that every McRib comeback has been followed by some exhilarating Bitcoin price hikes:

• 2017: Nov → BTC +1000%
• 2020: Dec → BTC +200%
• 2021: Nov → BTC peaks at $69K
• 2024: If the pattern holds, we’re looking at BTC hitting a new ATH of $126K!

So, what’s the takeaway? When the McRib returns, Bitcoin might just be on its way to the moon! 🚀

Historic Flavor & Prices: What Came First?

Let’s dig a little deeper into this savory correlation. Back in 2017, when the McRib first popped up like “Surprise! I’m back!”, Bitcoin was chilling at $6,745. Fast forward a couple of months, and it soared to $19,666. In 2020, the McRib resurfaced at $18,773 before it skyrocketed to $64,895 by April 2022. Can you say “Bigger fries, bigger gains?”

Mixed Feelings from Analysts

But hold your horses! Not everyone’s buying into this McRib-magic theory. Some analysts are nodding their heads while others are stroking their chins, looking skeptical. They believe that market behavior can be more about vibes and gut feelings than solid data. After all, who doesn’t love to find patterns that fit their beliefs?

Moreover, for every McRib return that coincided with Bitcoin’s rise, there are times when the prices didn’t exactly match the sandwich’s joyful reappearance. So, it’s a wild card—sometimes it lines up perfectly, sometimes it’s just coincidence.

The Quirky Culture of Crypto

The debate continues, and honestly, it makes for some deliciously entertaining reading! The crypto crowd loves turning memes into signals, and many see the McRib’s arrival as a good omen. A crispy indicator of optimism, if you will!

So next time you munch down on a McRib, remember: it’s not just fast food; it could very well be a signal for the next Bitcoin rally. Or, it might just be a tasty sandwich. Either way, why not enjoy the ride? And hey, we could all use some quirky fun along the way!