What is the Tinkerbell Effect in Bitcoin (BTC USD)? Why belief alone can move crypto prices

Bitcoin price drop reason: Bitcoin's price dropped below $66,000 on Wednesday morning. This decline is linked to the fading 'Tinkerbell Effect', where prices rose on belief rather than fundamentals. ETF outflows and reduced consumer interest in cryptocurrency are also impacting Bitcoin. Strong US jobs data further added to market caution. Buyers remain active around $66,000 to $68,000.