Not a must, but it would make sense to fill out the volume gap.
I think it would mark a good foundation for btc to keep growing rather than pumping.
It would basically give legitimacy to BTC being worth something to people as a bottom long term buy when it is down and not just a FOMO buy for profits above 6k after a 300% pump.
This would align perfectly with coronavirus panic dumps and the money printing on the highest setting.
11 May of 2020 would conveniently mark the beginning of the next bull run.
I think Dec 2018 was the bottom, the 2019 pump was the test pump, and the Mar 2020 flash crash the FOMO buyer wipe out.
I think it would mark a good foundation for btc to keep growing rather than pumping.
It would basically give legitimacy to BTC being worth something to people as a bottom long term buy when it is down and not just a FOMO buy for profits above 6k after a 300% pump.
This would align perfectly with coronavirus panic dumps and the money printing on the highest setting.
11 May of 2020 would conveniently mark the beginning of the next bull run.
I think Dec 2018 was the bottom, the 2019 pump was the test pump, and the Mar 2020 flash crash the FOMO buyer wipe out.
