@internbrah Huge factor in this is companies like Jane Street and Citadel handing these kids backpacks at freshmen orientation week. Constrains thinking and interests to pure mathematics
Crypto is often an irrational market. The McRib indicator is a perfect example.
Sure, the McRib catalyst is a funny meme, but great memes are rooted in truth. The McRib returns when pork prices are low and global liquidity is on the rise - signaling the start of an economic boom.
Most financial analysts would miss this signal or dismiss it as coincidence. They understand correlation and causation in the classroom, but they miss the bigger picture of how it applies to crypto markets.
It’s important to note that this is only a catalyst when the McRib returns in the US; the McRib is available year round in Germany and returns at different times in the UK.
Europe's economy is negligible and is not indicative of macro trends on a global scale. As the heart of the global financial system, when the McRib returns in the US, you can be sure good times are ahead.
I have been trading the McRib indicators for years and it has never failed me - fade the McRib at your own expense.
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