Bitcoin Breaks $100,000 As McDonald's Brings Back The McRib: Buy Signal Or Spurious Correlation?

Bitcoin's (CRYPTO: BTC) surge past $100,000 on Thursday coincided with McDonald's (NYSE:MCD) reintroduction of its fan-favorite McRib sandwich, reviving a pattern observed in previous years.

What Happened: According to crypto analyst internbrah, Bitcoin has historically doubled in price following the McRib's return.

In a tweet accompanied by a chart, internbrah stated, "The McRib is back. BTC historically goes up >2x after the McRib returns. Don't fade the McRib."

The chart he attached illustrates a compelling correlation: ...

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