Bitcoin’s trading around $86,000 as ‘Tinkerbell’ effect haunts crypto, in Deutsche Bank’s view

Deutsche Bank strategists say investor belief is an important factor for bitcoin valuations right now. - Getty Images One major problem for beleaguered bitcoin right now: Investor belief is crucial for continued gains, and right now the faithful are wavering. That’s according to Deutsche Bank strategists who say bitcoin’s “portfolio integration is being tested,” a move that could be temporary or drag on. And the sentiment-driven selling they’ve been seeing has put their “so-called “Tinkerbell effect” the ...