Bitcoin and the “Death Cross”: A Bottom Signal?
⚫Bitcoin is back in the spotlight due to the “Death Cross” pattern, where the 50-day moving average crosses below the 200-day moving average. Typically, this is a bearish signal, but analyst Evan Aldo suggests it could indicate a market bottom. He predicts support at $77,000–$79,000 and a rally to $120,000 by summer and $150,000 by year-end.
⚫Additional market pressure comes from Trump’s tariff plans, which have triggered a decline in cryptocurrencies. If BTC drops below $70,000, it could be a major warning sign.
https://crypto-jazz.com/bitcoin/2025/03/30/bitcoin-and-the-death-cross-a-bottom-signal/
