#BTCOutlook Maybe I'm wrong... but I'm expecting this move and the reason is... 99% of people bought altcoins in FOMO... didn't sell at the pump and now they're at a loss..

This means their profit was just numbers and now their loss is real.. Now if the market goes up it should bring profit to the spot traders but why should it??

Now I'm expecting some strong swings where new traders will lock in losses and the market will jump up a lot..